Camp Rainbow Gold Inc

Analysis

Camp Rainbow Gold Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Camp Rainbow Gold Inc reported income of $6.8m and spending of $2.1m, leaving 69% of income unspent that year. Across the 6 years on record, from September 2019 to December 2023, income grew from $1.4m to $6.8m (+370%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 901%. Over the whole period it spent 44% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Camp Rainbow Gold Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 96th percentile within ID. Charities of a similar size with the same main cause include Boys & Girls Clubs of San Antonio Texas ($6.7m), Bright Star Community Outreach Corporation ($6.8m) and Boys & Girls Clubs of Central Minnesota ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $126k (6.0% of expenses). Other salaries and wages came to $820k. At year end it held assets of $13.3m against liabilities of $896k, net assets of $12.4m. It reported 23 employees.