Over the Rainbow Ministries

Analysis

Over the Rainbow Ministries is a registered charity in United States, based in Georgetown, IL. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Over the Rainbow Ministries reported income of $95k and spending of $94k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $95k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Over the Rainbow Ministries sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Main Street Rock Hall ($95k), Experience Community ($95k) and Neighborhood Housing Services of Kansas City Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.3% and program service revenue 0.1% of the total. At year end it held assets of $4,781 against liabilities of $0, net assets of $4,781.