Red Tulip Project of Geauga

Analysis

Red Tulip Project of Geauga is a registered charity in United States, based in Chardon, OH. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Red Tulip Project of Geauga reported income of $162k and spending of $140k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $349k to $162k (-54%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Red Tulip Project of Geauga sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within OH. Charities of a similar size with the same main cause include Work for Life ($162k), Because You Matter ($162k) and Always on Our Own Inc ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Other salaries and wages came to $69k. At year end it held assets of $597k against liabilities of $4,921, net assets of $592k. It reported 4 employees.