Redding Fashion Alliance Incorporated

Analysis

Redding Fashion Alliance Incorporated is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover employment, which this site groups under community and economic 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 December 2023, Redding Fashion Alliance Incorporated reported income of $199k and spending of $192k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $300k to $199k (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2021, when income rose by 1985%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Redding Fashion Alliance Incorporated sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Holmes County Rails-To-Trails Coalition ($199k), Elevate to Even Plus Incorporated ($199k) and Insight Center for Community Economic Development ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $125k. At year end it held assets of $194k against liabilities of $0, net assets of $194k.