Redeemer City to City

Analysis

Redeemer City to City is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Redeemer City to City reported income of $25.2m and spending of $20.1m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.8m to $25.2m (+222%), an average of +34% a year. The sharpest change came in the year to June 2021, when income rose by 165%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Redeemer City to City sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Christian Herald Assn Inc ($24.8m), Alpha International ($25.3m) and World Jewish Congress American Section Inc ($24.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $603k (3.0% of expenses). Other salaries and wages came to $6.0m. It paid $394k in professional fundraising fees. At year end it held assets of $45.1m against liabilities of $1.4m, net assets of $43.7m. It reported 61 employees.