Red Cedar School Inc

Analysis

Red Cedar School Inc is a registered charity in United States, based in Bristol, VT. It received its IRS tax-exemption ruling in January 1992, 34 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Red Cedar School Inc reported income of $629k and spending of $563k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $435k to $629k (+45%), an average of +9.6% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Red Cedar School 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 73rd percentile, and in the 70th percentile within VT. Charities of a similar size with the same main cause include Theatre of Hearts Inc ($629k), Nanak Prachar Sabha Inc ($629k) and Habitat for Humanity International Inc ($629k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.2% and program service revenue 90% of the total. Other salaries and wages came to $361k. At year end it held assets of $819k against liabilities of $169k, net assets of $650k. It reported 10 employees.