Rainforest Foundation Inc

Analysis

Rainforest Foundation Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Rainforest Foundation Inc reported income of $9.4m and spending of $9.8m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $9.4m (+158%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 104%. Over the whole period it spent 84% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Rainforest Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Efficiency Forward Inc ($9.4m), Riverlife ($9.4m) and Environmental Health Coalition ($9.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $223k (2.3% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $9.7m against liabilities of $2.3m, net assets of $7.4m. It reported 31 employees.