R a D D Inc

Analysis

R a D D Inc is a registered charity in United States, based in Kinston, NC. It received its IRS tax-exemption ruling in December 1975, 51 years ago. 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, R a D D Inc reported income of $63k and spending of $76k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $63k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, R a D D Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within NC. Charities of a similar size with the same main cause include Greenwood Mentor Group ($63k), Public Schools Foundation of Tippecanoe County Inc ($63k) and Ann Arbor Community Center Incorporated ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 26% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.