Red Wagon

Analysis

Red Wagon is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in October 2010, 16 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 August 2023, Red Wagon reported income of $96k and spending of $99k, spending 103% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $106k to $96k (-9.3%), an average of -9.3% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Red Wagon sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within VA. Charities of a similar size with the same main cause include Connecticut Partnership for Children Inc ($96k), Colbys Stars Foundation Inc ($96k) and Homeward Bound-Culver City Housing Corporation ($96k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.