Red Angus Foundation Inc

Analysis

Red Angus Foundation Inc is a registered charity in United States, based in Sheridan, WY. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Red Angus Foundation Inc reported income of $69k and spending of $82k, spending 119% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income fell from $249k to $69k (-72%), an average of -48% a year. The sharpest change came in the year to June 2022, when income rose by 460%. Over the whole period it spent 15% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Red Angus Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 22nd percentile within WY. Charities of a similar size with the same main cause include Touch Care Ministries ($69k), Spartan Youth Football ($69k) and Camp Diversity Foundation ($69k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.