Rainbow Health Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,941,032 | 7,768,650 | 172,382 | 3.1 | 3% |
| 2021 | 9,913,931 | 9,745,454 | 168,477 | 2.7 | 41% |
| 2022 | 13,975,786 | 11,985,898 | 1,989,888 | 4.1 | 34% |
In its most recent public year (2022), this organization brought in $1,989,888 more than it spent. Its reserves stood at about 4.1 months of spending. Staff pay was 34% of spending. $2,320,882 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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