The Red Road Inc

Analysis

The Red Road Inc is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Red Road Inc reported income of $376k and spending of $353k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $391k to $376k (-4.0%), an average of -1.4% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Red Road Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within TN. Charities of a similar size with the same main cause include Fam Intentional Community ($376k), Point Pleasant Volunteer Fire Dept Inc ($376k) and Complementary Care and Education Services Inc ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $108k (31% of expenses). At year end it held assets of $133k against liabilities of $9,135, net assets of $123k.