Red Barn Foundation

Analysis

Red Barn Foundation is a registered charity in United States, based in Leeds, AL. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Red Barn Foundation reported income of $894k and spending of $1.1m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $903k to $894k (-1.0%), an average of -0.2% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Red Barn Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within AL. Charities of a similar size with the same main cause include Team Phenomenal Hope Inc ($893k), Wisconsin Council of the Blind & Visually Impaired Inc ($895k) and Lower Kiski Ambulance Service Inc ($893k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 3.3% of the total. Other salaries and wages came to $467k. It paid $480 in professional fundraising fees. At year end it held assets of $346k against liabilities of $321k, net assets of $25k. It reported 18 employees.