Redline Club
Analysis
Redline Club is a registered charity in United States, based in Mentor, OH. It received its IRS tax-exemption ruling in July 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Redline Club reported income of $83k and spending of $78k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $91k to $83k (-8.7%), an average of -8.7% a year. Over the whole period it spent 92% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Redline Club sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within OH. Charities of a similar size with the same main cause include Wilkes Law Enforcement Officers Association Inc ($83k), Region VIII Head Start Association ($83k) and Mukwano Project ($83k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.
Income and spending
Where the income comes from
- Contributions & grants 14%
- Other 86%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wilkes Law Enforcement Officers Association Inc | Wilkesboro | $83k |
| Region VIII Head Start Association | New Holland | $83k |
| Mukwano Project | San Diego | $83k |
| The Fort Smith Girls Club Endowment Fund Trust | Fort Smith | $83k |