Rainbow Express Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 168,139 | 90,766 | 77,373 | 17.7 | — |
| 2017 | 181,056 | 162,239 | 18,817 | 11.0 | — |
| 2018 | 1,702,087 | 165,055 | 1,537,032 | 122.6 | 32% |
| 2019 | 247,639 | 237,689 | 9,950 | 85.6 | 34% |
| 2020 | 317,571 | 205,216 | 112,355 | 105.7 | 46% |
| 2021 | 1,020,282 | 230,623 | 789,659 | 135.2 | 47% |
| 2022 | 355,566 | 331,483 | 24,083 | 94.9 | 52% |
| 2023 | 388,413 | 395,660 | −7,247 | 79.3 | 54% |
In its most recent public year (2023), this organization spent $7,247 more than it brought in. Its reserves stood at about 79.3 months of spending, up from 17.7 in 2016. Staff pay was 54% of spending.
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 2023. 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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