Red Panda Network

Analysis

Red Panda Network is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 Panda Network reported income of $1.2m and spending of $961k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 81% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Red Panda Network sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OR. Charities of a similar size with the same main cause include Humane Society for the Prevention ($1.2m), Community Spay Neuter Clinic ($1.2m) and St Augustine Humane Society ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $374k. It paid $18k in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $27k, net assets of $1.6m. It reported 2 employees.