Scarlet Road

Analysis

Scarlet Road is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Scarlet Road reported income of $730k and spending of $623k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $337k to $730k (+117%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Scarlet Road sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within WA. Charities of a similar size with the same main cause include Believet Canine Service Partners Inc ($730k), New Hope Community Life Ministry ($730k) and Bay Area Friendship Circle ($730k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $42k (6.8% of expenses). Other salaries and wages came to $387k. At year end it held assets of $776k against liabilities of $62k, net assets of $714k. It reported 20 employees.