Catholic Rainbow Outreach
Analysis
Catholic Rainbow Outreach is a registered charity in United States, based in Whittier, CA. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2020, Catholic Rainbow Outreach reported income of $509k and spending of $490k, spending 96% of its income. Across the 2 years on record, from December 2019 to December 2020, income grew from $382k to $509k (+33%), an average of +33% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 98% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Catholic Rainbow Outreach sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Lassid Ministries Inc ($508k), International Life Change Ministries Inc ($509k) and Behold Ministries Inc ($508k).
On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $41k (8.4% of expenses). At year end it held assets of $229k against liabilities of $18k, net assets of $211k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lassid Ministries Inc | Milwaukee | $508k |
| International Life Change Ministries Inc | Houston | $509k |
| Behold Ministries Inc | Locust Grove | $508k |
| Murugan Temple of St Louis | Wildwood | $509k |