Radical Inc

Analysis

Radical Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2021, Radical Inc reported income of $5.8m and spending of $3.7m, leaving 36% of income unspent that year. Across the 3 years on record, from September 2019 to September 2021, income grew from $1.8m to $5.8m (+212%), an average of +77% a year. The sharpest change came in the year to September 2021, when income rose by 166%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Radical Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within AL. Charities of a similar size with the same main cause include Refuge Foundation ($5.8m), Oliver Gospel Mission ($5.8m) and Mosdos Shaarei Chaim ($5.7m).

On its Form 990 for the period ending September 2021, revenue came from contributions and grants 89% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $329k (8.9% of expenses). Other salaries and wages came to $969k. It paid $35k in professional fundraising fees. At year end it held assets of $3.5m against liabilities of $596k, net assets of $2.9m. It reported 21 employees.