Red River Community Corps Inc

Analysis

Red River Community Corps Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 River Community Corps Inc reported income of $1.6m and spending of $1.6m, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.1m to $1.6m (+41%), an average of +7.2% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Red River Community Corps Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OK. Charities of a similar size with the same main cause include Access Youth Academy ($1.6m), South Florida Institute on Aging Inc ($1.6m) and Boys & Girls Clubs of the Columbia Basin ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $96k (6.0% of expenses). Other salaries and wages came to $983k. At year end it held assets of $448k against liabilities of $253k, net assets of $196k. It reported 112 employees.