Redi IV

Analysis

Redi IV is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 1985, 41 years ago. 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 March 2023, Redi IV reported income of $260k and spending of $257k, spending 99% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $254k to $260k (+2.3%), an average of +0.6% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Redi IV sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Pinecrest Camp and Conference Center ($260k), The Cum Laude Society Inc ($260k) and Landmarks Society of Greater Utica Inc ($260k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Other salaries and wages came to $48k. At year end it held assets of $676k against liabilities of $501k, net assets of $175k.