Radian Placematters Inc

Analysis

Radian Placematters Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover public and societal benefit, 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, Radian Placematters Inc reported income of $543k and spending of $705k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $543k (-55%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 57%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Radian Placematters Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include 3ho Foundation International ($543k), Dover Youth Hockey Association Inc Dover Arena ($543k) and Campus Life Inc of Sheboygan County ($543k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $129k (18% of expenses). Other salaries and wages came to $144k. At year end it held assets of $660k against liabilities of $317k, net assets of $343k. It reported 6 employees.