Think Red Project Inc

Analysis

Think Red Project Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Think Red Project Inc reported income of $71k and spending of $80k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $71k (-0.5%), an average of -0.5% a year. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Think Red Project Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Sabrina Audrey Milone Foundation Inc ($71k), Glendale Police Officers Foundation ($71k) and Electrical & Computer Engineering Foundation ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $20k against liabilities of $3,977, net assets of $16k.