Rain Down Ministries
Rain Down Ministries consistently operates with a surplus and reports zero officer compensation across all filings.
EIN: 20782702 · Laurel, MS · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $559K |
| Total Expenses | $296K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $558,757. |
| Net Assets | $516K |
| Transparency Score | 92/100 |
Is Rain Down Ministries Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rain Down Ministries directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rain Down Ministries
Rain Down Ministries (EIN: 20782702) is a nonprofit organization based in Laurel, MS, classified under NTEE code X20. The organization reported total revenue of $559K and total assets of $798K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rain Down Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rain Down Ministries is a small nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 18.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $468K |
| Total Expenses | $296K |
| Surplus / Deficit | +$172K |
| Total Assets | $866K |
| Total Liabilities | $350K |
| Net Assets | $516K |
| Operating Margin | 36.7% |
| Debt-to-Asset Ratio | 40.4% |
| Months of Reserves | 35.1 months |
Financial Health Grade: A
In 2023, Rain Down Ministries reported a surplus of $172K with revenue exceeding expenses, holds 35.1 months of operating reserves (strong position), has a debt-to-asset ratio of 40.4% (moderate leverage).
Financial Trends
Over 9 years of filings (2015–2023), Rain Down Ministries's revenue has grown at a compound annual growth rate (CAGR) of 18.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.4% | -1.1% | +24.7% |
| 2022 | +4.2% | +35.7% | +145.5% |
| 2021 | +74.2% | -1.4% | +64.9% |
| 2020 | -52.6% | -40.6% | +10.8% |
| 2019 | +32.0% | +13.5% | +112.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rain Down Ministries with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Rain Down Ministries allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $172K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.4%.
Executive Compensation Analysis
Rain Down Ministries consistently reports 0% officer compensation across all nine IRS 990 filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer channels, which is highly unusual for an organization of its size with latest revenue of $558,757.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Rain Down Ministries's IRS 990 filings:
- Unusually low liabilities in earlier years compared to recent filings, with liabilities jumping from $18,422 in 2021 to $350,404 in 2022 and 2023, warrants further investigation into the nature of these liabilities.
Strengths
The following positive indicators were identified for Rain Down Ministries:
- Consistent revenue growth, from $122,540 in 2015 to $467,856 in 2023, indicating increasing support and operational capacity.
- Strong asset growth, from $17,185 in 2015 to $866,441 in 2023, building a solid financial foundation.
- Consistent reporting of 0% officer compensation across all nine filings, suggesting high efficiency and dedication of funds to programs.
- Regularly operates with a surplus, as seen in 2023 where revenue ($467,856) significantly exceeded expenses ($296,001), allowing for asset accumulation and future program investment.
- Consistent filing of IRS Form 990s over nine periods, demonstrating good transparency and compliance.
Frequently Asked Questions about Rain Down Ministries
Is Rain Down Ministries a legitimate charity?
Rain Down Ministries (EIN: 20782702) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 92/100. It has 9 years of IRS 990 filings on record. Total revenue: $559K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Rain Down Ministries spend its money?
Rain Down Ministries directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Rain Down Ministries tax-deductible?
Rain Down Ministries is registered as a tax-exempt nonprofit (EIN: 20782702). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rain Down Ministries CEO make?
Rain Down Ministries's highest-compensated officer earns $558,757. annually. The organization reported $559K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rain Down Ministries's spending goes to programs?
Rain Down Ministries directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rain Down Ministries compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Rain Down Ministries is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rain Down Ministries located?
Rain Down Ministries is headquartered in Laurel, Mississippi and files with the IRS under EIN 20782702. It is classified under NTEE code X20.
How many years of IRS 990 filings does Rain Down Ministries have?
Rain Down Ministries has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $559K in total revenue.
Is Rain Down Ministries a good charity?
Based on the available IRS 990 data, Rain Down Ministries appears to be a good charity. It consistently operates with a surplus, has growing assets, and reports 0% officer compensation, suggesting a strong focus on program delivery and efficient use of funds.
How has Rain Down Ministries' financial health changed over time?
Rain Down Ministries has shown significant financial growth and improved health over time. Revenue increased from $122,540 in 2015 to $467,856 in 2023 (and latest reported revenue of $558,757), and assets grew from $17,185 in 2015 to $866,441 in 2023, demonstrating strong financial management and sustainability.
What is the significance of 0% officer compensation?
The 0% officer compensation reported across all filings is highly significant. It suggests that the organization's leadership is either entirely volunteer-based or compensated through means not classified as officer compensation on the 990, which is a strong indicator of dedication to the mission and efficient use of donor funds for program services.
Filing History
IRS 990 filing history for Rain Down Ministries showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Rain Down Ministries's revenue has grown by 281.8%, moving from $123K to $468K. Total assets increased by 4941.8% over the same period, from $17K to $866K. Total functional expenses rose by 175.2%, from $108K to $296K. In its most recent filing year (2023), Rain Down Ministries reported a surplus of $172K, with revenue exceeding expenses. The organization holds $350K in liabilities against $866K in assets (debt-to-asset ratio: 40.4%), resulting in net assets of $516K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $468K | $296K | $866K | $350K | — | — |
| 2022 | $379K | $299K | $695K | $350K | — | View 990 |
| 2021 | $364K | $221K | $283K | $18K | — | View 990 |
| 2020 | $209K | $224K | $172K | $50K | — | — |
| 2019 | $440K | $376K | $155K | $19K | — | View 990 |
| 2018 | $333K | $332K | $73K | $819 | — | View 990 |
| 2017 | $377K | $352K | $71K | $842 | — | View 990 |
| 2016 | $240K | $213K | $45K | $0 | — | View 990 |
| 2015 | $123K | $108K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $468K, expenses of $296K, and assets of $866K (revenue +23.4% year-over-year).
- 2022: Revenue of $379K, expenses of $299K, and assets of $695K (revenue +4.2% year-over-year).
- 2021: Revenue of $364K, expenses of $221K, and assets of $283K (revenue +74.2% year-over-year).
- 2020: Revenue of $209K, expenses of $224K, and assets of $172K (revenue -52.6% year-over-year).
- 2019: Revenue of $440K, expenses of $376K, and assets of $155K (revenue +32.0% year-over-year).
- 2018: Revenue of $333K, expenses of $332K, and assets of $73K (revenue -11.5% year-over-year).
- 2017: Revenue of $377K, expenses of $352K, and assets of $71K (revenue +56.7% year-over-year).
- 2016: Revenue of $240K, expenses of $213K, and assets of $45K (revenue +96.2% year-over-year).
- 2015: Revenue of $123K, expenses of $108K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rain Down Ministries:
Data Sources and Methodology
This transparency report for Rain Down Ministries is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.