Red Arena

Analysis

Red Arena is a registered charity in United States, based in Dripping SPGS, TX. It received its IRS tax-exemption ruling in February 2010, 16 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 Arena reported income of $1.5m and spending of $1.1m, leaving 28% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.6m to $1.5m (-4.2%), an average of -1.4% a year. The sharpest change came in the year to June 2022, when income dropped by 21%. Over the whole period it spent 49% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Red Arena sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Cornerstone Recovering Community ($1.5m), Undersea & Hyperbaric Medical Society Inc ($1.5m) and American Academy of Osteopathy ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $135k (13% of expenses). Other salaries and wages came to $579k. At year end it held assets of $4.4m against liabilities of $62k, net assets of $4.3m. It reported 33 employees.