Redeem International

Analysis

Redeem International is a registered charity in United States, based in Merrifield, VA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2024, Redeem International reported income of $3.3m and spending of $3.1m, spending 93% of its income. Across the 4 years on record, from March 2021 to March 2024, income grew from $516k to $3.3m (+539%), an average of +86% a year. The sharpest change came in the year to March 2022, when income rose by 240%. Over the whole period it spent 74% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Redeem International sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Tilting Futures Incorporated ($3.3m), Arab Gulf States Institute in Washington ($3.3m) and Medicines for Humanity Inc ($3.3m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $386k (13% of expenses). Other salaries and wages came to $935k. It paid $3,300 in professional fundraising fees. At year end it held assets of $2.2m against liabilities of $104k, net assets of $2.1m. It reported 7 employees.