Red Ladder Theatre Company

Analysis

Red Ladder Theatre Company is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in July 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 June 2024, Red Ladder Theatre Company reported income of $1.2m and spending of $714k, leaving 40% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.6m to $1.2m (-24%), an average of -6.7% a year. The sharpest change came in the year to June 2023, when income rose by 89%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Red Ladder Theatre Company sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Transitional Paths to Independent Living ($1.2m), We the People of Detroit ($1.2m) and Central Valley Immigrant Integration Collaborative ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $133k (19% of expenses). Other salaries and wages came to $280k. At year end it held assets of $2.4m against liabilities of $216k, net assets of $2.2m. It reported 19 employees.