Rad Project Inc

Analysis

Rad Project Inc is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 2020, Rad Project Inc reported income of $94k and spending of $94k, spending 100% of its income. Across the 2 years on record, from December 2019 to December 2020, income grew from $7,900 to $94k (+1084%), an average of +1084% a year. The sharpest change came in the year to December 2020, when income rose by 1084%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rad Project Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within TN. Charities of a similar size with the same main cause include Raising Our Celiac Kids-Twin Cities Chapter Inc ($94k), Ella Foard Foundation for Rett Syndrome ($94k) and Songshine Foundation ($94k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $370 against liabilities of $0, net assets of $370.