Red White and Bulls Inc

Analysis

Red White and Bulls Inc is a registered charity in United States, based in Point Comfort, TX. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 White and Bulls Inc reported income of $66k and spending of $21k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $66k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Red White and Bulls Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Society of American Military Engineers ($66k), Road Runners Club of America ($66k) and Empowerment Center for Children Youth and Families ($66k).

At year end it held assets of $72k against liabilities of $0, net assets of $72k.