Redmen Club Inc

Analysis

Redmen Club Inc is a registered charity in United States, based in Fostoria, OH. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Redmen Club Inc reported income of $186k and spending of $150k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $186k (+94%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Redmen Club Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within OH. Charities of a similar size with the same main cause include St Anthonys Housing Management Corp ($186k), Hilltop Residence Inc ($186k) and Friends of Leu Gardens Inc ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 82% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.