Redeemed Outreach Community Development Corporation

Analysis

Redeemed Outreach Community Development Corporation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 1994, 32 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 December 2023, Redeemed Outreach Community Development Corporation reported income of $221k and spending of $30k, leaving 87% of income unspent that year. Across the 3 years on record, from December 2018 to December 2023, income fell from $241k to $221k (-8.3%), an average of -4.3% a year. The sharpest change came in the year to December 2023, when income rose by 345%. Over the whole period it spent 50% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Redeemed Outreach Community Development Corporation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within GA. Charities of a similar size with the same main cause include New Hope for the World ($221k), Ancient Paths Inc ($221k) and Iskcon Online Inc ($221k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 19% of the total. Compensation of current officers, directors and key employees was $19k (65% of expenses). Other salaries and wages came to $2,172. At year end it held assets of $309k against liabilities of $0, net assets of $309k.