Red Door Community Inc
Analysis
Red Door Community Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2023, Red Door Community Inc reported income of $2.1m and spending of $2.5m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.2m to $2.1m (-3.4%), an average of -0.9% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 105% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Red Door Community Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Baptist Health Foundation Inc ($2.1m), Give an Hour Nonprofit Corporation ($2.1m) and Oregon Lions Sight and Hearing Foundation Inc ($2.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $640k (26% of expenses). Other salaries and wages came to $682k. At year end it held assets of $3.4m against liabilities of $2.4m, net assets of $921k. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Baptist Health Foundation Inc | Jackson | $2.1m |
| Give an Hour Nonprofit Corporation | Gaithersburg | $2.1m |
| Oregon Lions Sight and Hearing Foundation Inc | Portland | $2.1m |
| Arizona Veterans Research and Education Foundation | Phoenix | $2.1m |