17th Avenue Redi

Analysis

17th Avenue Redi is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 March 2023, 17th Avenue Redi reported income of $507k and spending of $610k, spending 120% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $430k to $507k (+18%), an average of +4.2% a year. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, 17th Avenue Redi sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Kacee Housing NFP Inc ($506k), Hall Commons Inc ($507k) and National Church Residences of ($506k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Other salaries and wages came to $75k. At year end it held assets of $1.4m against liabilities of $2.4m, net assets of -$993k.