Red Bag Ministry
Analysis
Red Bag Ministry is a registered charity in United States, based in Bird in Hand, PA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Bag Ministry reported income of $56k and spending of $65k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $62k to $56k (-11%), an average of -10% a year. Over the whole period it spent 90% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Red Bag Ministry sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Reaction Foundation ($56k), Stokes Lawrence Charitable Foundation ($56k) and Cville Hope Foundation ($56k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Reaction Foundation | San Francisco | $56k |
| Stokes Lawrence Charitable Foundation | Seattle | $56k |
| Cville Hope Foundation | Cleveland | $56k |
| Kitsap Foster Care Association | Bremerton | $56k |