White Rainbow Project

Analysis

White Rainbow Project is a registered charity in United States, based in Bonsall, CA. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, White Rainbow Project reported income of $100k and spending of $124k, spending 125% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $82k to $100k (+21%), an average of +10% a year. Over the whole period it spent 135% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, White Rainbow Project sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Volunteers of America Inc ($100k), Marin County Athletic League ($100k) and Jewish Cemeteries of Greater Dayton Inc ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $44k (36% of expenses). At year end it held assets of $28k against liabilities of $34k, net assets of -$6,312.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.