Redzone Memphis

Analysis

Redzone Memphis is a registered charity in United States, based in Memphis, TN. 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 September 2023, Redzone Memphis reported income of $3.6m and spending of $682k, leaving 81% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $1.7m to $3.6m (+108%), an average of +28% a year. The sharpest change came in the year to September 2022, when income rose by 107%. Over the whole period it spent 18% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Redzone Memphis sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include Doe River Gorge Ministries Inc ($3.5m), Chinese Christian Mission ($3.6m) and Third World Missions Inc ($3.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $234k. At year end it held assets of $8.6m against liabilities of $90k, net assets of $8.6m. It reported 2 employees.