Red Door Place Inc

Analysis

Red Door Place Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Door Place Inc reported income of $268k and spending of $314k, spending 117% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $290k to $268k (-7.7%), an average of -3.9% a year. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Red Door Place Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include South Hill School Age Program Inc ($268k), Institute for Cognitive Therapy Inc ($268k) and Williamsburg Volleyball Club ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $59k (19% of expenses). At year end it held assets of $260k against liabilities of $0, net assets of $260k. It reported 1 employees.