Charity Search / RAINBOW VILLAGE INC
Housing & Shelter (L40) IRS Verified DX Registered 990 on File

RAINBOW VILLAGE INC

EIN: 58-2181183 · DULUTH, GA 30096-3354 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 75/100
Reliability (20%) 82/100
Effectiveness (25%) 87/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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RAINBOW VILLAGE INC logo
30
CharityAI™ Score
out of 100
Mission Statement

To transform the lives of families experiencing homelessness by providing help, hope, housing and healing in order to instill initiative, self-development and accountability that will foster meaningful growth in the lives of all who encounter Rainbow Village.

Financial Overview — FY 2024
$7.0M
Total Revenue
$2.4M
Total Expenses
$14.6M
Net Assets
22
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 70.4%
Fundraising Efficiency 279.3%
Operating Reserve 73.63x
Liability-to-Asset 1.6%
Revenue Diversification 95.0%
Executive Compensation $246K
Compared with Peers
FY 2024
Compared with 2,572 similar organizations (United States, Housing & Shelter, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
70.4% 87.2%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
10.6% 10.3%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
19.0% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
279.3% 236.3%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
73.6 mo 12.6 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
1.6% 39.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
95.0% 89.9%
P10P90
Below median
Revenue growth
Year over year revenue growth
120.4% 6.4%
P10P90
Expense growth
Year over year expense growth
3.8% 6.9%
P10P90
Surplus margin
Surplus as a share of revenue
65.8% 3.0%
P10P90
CharityAI™ Evaluation — 2025
30 / 100
0
Financial
82
Reliability
45
Effectiveness
10
Impact
Financial Strength (30%) 0
Reliability & Transparency (20%) 82
Program Effectiveness (25%) 45
Impact & Outcomes (25%) 10

0 programs

IRS Verified Form 990 on File 90% Data Complete
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $7.0M $2.4M $14.6M 70.4% 22
2023 $3.2M $2.3M $10.0M 68.0% 17
2022 $2.1M $2.0M $9.0M 74.3% 23
2021 $2.2M $2.0M N/A 24
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Organization Details
EIN
58-2181183
State
GA
City
DULUTH
ZIP
30096-3354
Classification
L40
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1991
Foundation Code
15
Form 990
On File
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