Over the Rainbow Life Fund

Analysis

Over the Rainbow Life Fund is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Over the Rainbow Life Fund reported income of $328k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $309k to $328k (+6.0%), an average of +1.5% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 0.0% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Over the Rainbow Life Fund sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Luthern Social Services of Central Ohio Mansfield Housing Inc ($328k), Providence Dethman House ($328k) and Moab Area Community Land Trust ($327k).

At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m.