Rainbow Lodge Retreat Center

Analysis

Rainbow Lodge Retreat Center is a registered charity in United States, based in North Bend, WA. It received its IRS tax-exemption ruling in June 1989, 37 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Rainbow Lodge Retreat Center reported income of $598k and spending of $612k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $622k to $598k (-3.9%), an average of -1.0% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 113% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rainbow Lodge Retreat Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include The Vine Hebron Inc ($598k), Music Ministries Inc ($598k) and Islamic Society of Central Virginia ($598k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $102k (17% of expenses). Other salaries and wages came to $174k. At year end it held assets of $2.4m against liabilities of $527k, net assets of $1.8m. It reported 29 employees.

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.