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California · Nonprofit

Rainbow Chamber Foundation

Rainbow Chamber Foundation (California) receives grants from 4 organizations whose IRS filings report $49,363 to it, the largest being THE LASHER FOUNDATION INC ($27,700). 2 of them have funded it in more than one year.

Revenue FY2024
$74k
Funders on record
4
Grants received
$49k
Net assets
$104k
2/4 repeat funderspeak grant-dependency 25%
01What it does

What Rainbow Chamber Foundation does

Mission

To provide educational opportunities, scholarships, mentoring and recognition of achievement to Gay and Lesbian businesspersons in the Sac nto region.

As stated on its FY2024 Form 990.

Programs

  1. To receive contributions and to make donations to, dispense charitable contributions through, and otherwise aid and support those organizations that qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law).

    $37,761 spent
    65% of program spending
  2. To provide scholarships to individuals for payments towards higher education.

    $20,500 spent
    35% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $58,261.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($47k) Expenses 100 ($16k) Net assets 100 ($65k)2018 Revenue 128 ($60k) Expenses 90 ($14k) Net assets 170 ($110k)2019 Revenue 194 ($91k) Expenses 268 ($43k) Net assets 244 ($158k)2020 Revenue 73 ($34k) Expenses 345 ($56k) Net assets 214 ($138k)2021 Revenue 149 ($70k) Expenses 178 ($29k) Net assets 242 ($157k)2022 Revenue 141 ($66k) Expenses 399 ($64k) Net assets 245 ($158k)2023 Revenue 123 ($57k) Expenses 601 ($97k) Net assets 184 ($119k)2024 Revenue 159 ($74k) Expenses 556 ($89k) Net assets 161 ($104k)
'17'18'19'20'21'22'23'24
Revenue (159)Expenses (556)Net assets (161)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $110k to $158k (+43%).

$65k
$110k
$158k
$138k
$169k
$166k
$123k
$104k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

0% of Rainbow Chamber Foundation’s revenue is contributions — more earned-revenue than three-quarters of its peers (65% for the typical peer).

This organization
Typical peer · 26,798 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$31k
’17
$46k
’18
$48k
’19
−$21k
’20
$41k
’21
$2k
’22
−$39k
’23
−$15k
’24
14
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20232024
Listed1212
Joined·+3
No longer listed·3
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $13k → $14k.

3 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 44% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Rainbow Chamber Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Rainbow Chamber Foundation leans on a few funders — its largest provides 56% of grant income and the top three 98%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

44% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Rainbow Chamber Foundation.

56%
largest funder
98%
top three
~2
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 98% · 2022 96% · 2023 99% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Rainbow Chamber Foundation's grant income comes from California funders.

CA

In-state vs out-of-state, by year

’19
’21
California out of state home

Funder states come from each funder’s own filing. $22k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Rainbow Chamber Foundation has grown faster than half of the 21,859 education nonprofits its size.

Operating margin−20% · bottom quartile
Months of reserve13.9mo · below the median
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 21,859 education nonprofits under $100k, FY2024

Organizations like Rainbow Chamber Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

12
board members
75%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

0%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 1 related entity

  • Rainbow Chamber of Commerce · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Rainbow Chamber Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Rainbow Chamber Foundation?
Rainbow Chamber Foundation (California) receives grants from 4 organizations whose IRS filings report $49,363 to it, the largest being THE LASHER FOUNDATION INC ($27,700). 2 of them have funded it in more than one year.
How many funders does Rainbow Chamber Foundation have?
IRS filings report 4 organizations giving $49,363 in grants to Rainbow Chamber Foundation, 2 of which have funded it in more than one year.
Who is the largest funder of Rainbow Chamber Foundation?
THE LASHER FOUNDATION INC is the largest funder on record, with $27,700 in grants. The full list of funders is on this page.
How can an organization like Rainbow Chamber Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Rainbow Chamber →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing