Red Letter Christians

Analysis

Red Letter Christians is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Red Letter Christians reported income of $334k and spending of $177k, leaving 47% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $280k to $334k (+19%), an average of +6.0% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Red Letter Christians sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include Saint Gabriel Communications Ltd ($334k), The Single Mom KC ($334k) and Appleseed Ministry Group Inc ($334k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $56k (32% of expenses). At year end it held assets of $270k against liabilities of $4,605, net assets of $265k. It reported 1 employees.