Redeem United Inc

Analysis

Redeem United Inc is a registered charity in United States, based in Hays, KS. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, 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, Redeem United Inc reported income of $142k and spending of $151k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $142k (+14%), an average of +14% a year. Over the whole period it spent 111% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Redeem United Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within KS. Charities of a similar size with the same main cause include Mills Fifty Mainstreet Co ($142k), Gentilly Festival Inc ($142k) and Junior League of Tucson Inc ($142k).

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 $24k against liabilities of $0, net assets of $24k.