Redneck Culinary Academy

Analysis

Redneck Culinary Academy is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Redneck Culinary Academy reported income of $76k and spending of $84k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $573k to $76k (-87%), an average of -64% a year. The sharpest change came in the year to December 2022, when income dropped by 82%. Over the whole period it spent 34% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Redneck Culinary Academy sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Midtown and East Phillips Neighborhood Association Inc ($76k), Mayfair Community Development Corp ($76k) and Second District Neighborhood Planning Council ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 18% of the total. At year end it held assets of $934k against liabilities of $0, net assets of $934k.