Red Oak Hope

Analysis

Red Oak Hope is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Red Oak Hope reported income of $946k and spending of $976k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $391k to $946k (+142%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Red Oak Hope sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Habibi International ($946k), Canoe Island French Camp ($948k) and Lazarian World Homes ($945k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $140k (14% of expenses). Other salaries and wages came to $352k. It paid $40k in professional fundraising fees. At year end it held assets of $172k against liabilities of $735, net assets of $171k. It reported 7 employees.