Red Lion Inn Inc

Analysis

Red Lion Inn Inc is a registered charity in United States, based in Bedford, NH. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Red Lion Inn Inc reported income of $236k and spending of $275k, spending 116% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $189k to $236k (+25%), an average of +4.6% a year. Over the whole period it spent 122% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Red Lion Inn Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within NH. Charities of a similar size with the same main cause include Bradley Homes for the Elderly No 4 ($236k), Maxcen Housing Society ($237k) and Guadalupe Senior Village ($236k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% and program service revenue 42% of the total. At year end it held assets of $1.4m against liabilities of $51k, net assets of $1.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.