Red Rover Ventures

Analysis

Red Rover Ventures is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Red Rover Ventures reported income of $212k and spending of $411k, spending 194% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $305k to $212k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Red Rover Ventures sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within AZ. Charities of a similar size with the same main cause include Victory Service Dogs Inc ($212k), Bit by Bit Therapeutic Riding Center Inc ($212k) and Eurytanian Association Velouchi Inc ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.7% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.