Reeces Rainbow Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
REECE'S RAINBOW ADVOCATES AND PROVIDES GRANT FUNDING FOR THE INTERNATIONAL ADOPTION OF CHILDREN WITH DOWN SYNDROME AND OTHER SPECIALS NEEDS EXCLUSIVELY.
- Income
- $409,886
- Spending
- $475,608
- Spent on programs
- 80%
- Reserves
- 0.6 months of spending
- Largest source of income
- donations and private grants, 87%
- Employees
- 3
- Volunteers
- 24
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 54 out of 100. Higher than 21% of charities in its peer group (human services, $250k to $1m).
Reserves
4 of 35Spendable reserves would cover 0.6 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 16% of income.
Income trend
15 of 15Income rose 14% on the year before.
Spending floor
15 of 1580% of spending went to programs and raising each dollar of donations cost 9 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 86 out of 100. Higher than 72% of charities in its peer group (human services, $250k to $1m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $75,687 spent. WAITING CHILD GRANT FUND:OUR WAITING CHILD GRANT FUND(WHICH INCLUDES FUNDS RAIASED DURING OUR ANNUAL CHRISTMAS ANGEL TREE PROJECT),ACCEPTS DONATIONS FOR INDIVIDUAL ORPHANS WITH DOWN SYNDROME AND OTHER SPECIAL NEEDS LIVING IN FOREIGN ORPHANAGES.THESE FUNDS ARE HELD AS ADOPTION GRANTS FOR EACH CHILD AND ENCOURAGE POTENTIAL ADOPTIVE FAMILIES TO ADOPT THE CHILD,KNOWING THERE IS FUNDING AVAILABLE TO HELP WITH COSTS.IN ONLY 10 YEARS, THE WAITING CHILD GRANTS HAVE MADE IT POSSIBLE FOR OVER 1,500 ORPHANS WITH DOWN SYNDROME AND OTHER SPECIAL NEEDS TO FIND THEIR "FOREVER FAMILIES".THEY HAVE BEEN SAVED FROM LIFE AND DEATH IN A MENTAL INSTITUTION AND BROUGHT INTO LOVING AMERICAN AND CANADIAN FAMILIES. 90% OF EACH DONATION GOES TO THE CHILD AND 10% GOES TO OUR VOICE OF HOPE FUNDS TO HELP WITH OPERATIONAL COST.
- $303,367 spent. FAMILY SPONSORSHIP GRANT FUND: OUR FSP PROGRAM MAKES IT POSSIBLE FOR FRIENDS AND FAMILY TO DONATE TOWARDS FAMILY'S ADOPTION OF A PARTICULAR CHILD. THIS GRANT SUPPLEMENTS THE CHILD'S ORIGINAL WAITING CHILD GRANT ONCE A FAMILY HAS MADE THE OFFICIAL COMMITMENT FOR THAT CHILD. 100% OF EACH DONATION GOES TO THIS FUND AND IS LEGALLY STILL MADE ON BEHALF OF THE CHILD. SHOULD A FAMILY HAVE TO BACK OUT OR NOT BE APPROVED, ANY FUNDS RECEIVED WOULD REMAIN WITH THE CHILD AS A GRANT FOR THE NEXT FAMILY. THIS IS A VERY POPULAR AND EFFECTIVE PROGRAM FOR ADOPTIVE FAMILIES. FUNDS ARE DISBURSED ONCE THE FAMILY HAS BEEN ISSUED A TRAVEL DATE FOR THEIR ADOPTION, AND ARE AVAILABLE TO COVER THE COST OF SUCH THINGS AS AIRFARE, AGENCY FEES, IN-COUNTRY ACCOMMODATIONS/FOOD, FACILITATION/TRANSLATION, ETC.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2008.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.