Red Jacket Center Inc

Analysis

Red Jacket Center Inc is a registered charity in United States, based in Dansville, NY. It received its IRS tax-exemption ruling in January 1975, 51 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Red Jacket Center Inc reported income of $1.1m and spending of $931k, spending 87% of its income. Across the 5 years on record, from December 2019 to June 2023, income fell from $1.2m to $1.1m (-13%), an average of -3.5% a year. The sharpest change came in the year to June 2021, when income rose by 90%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Red Jacket Center Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($1.1m), Chi Eta Phi Sorority Incorporated ($1.1m) and Hardee County Education Foundation Incorporated ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 107% of the total. At year end it held assets of $10.5m against liabilities of $5.5m, net assets of $5.0m.