Red Ribbon Project

Analysis

Red Ribbon Project is a registered charity in United States, based in Avon, CO. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Ribbon Project reported income of $68k and spending of $67k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $68k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Red Ribbon Project sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within CO. Charities of a similar size with the same main cause include Bengali Association of Greater Nashville ($68k), Dr Martin Luther King Jr Commemoration Society Inc ($68k) and Friends of the Old Croton Aqueduct Inc ($68k).

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 $42k against liabilities of $28k, net assets of $15k.