Red P

Analysis

Red P is a registered charity in United States, based in Sammamish, WA. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Red P reported income of $57k and spending of $75k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $57k (+12%), an average of +12% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Red P sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 17th percentile within WA. Charities of a similar size with the same main cause include Northern Pittsylvania County Food Center ($57k), Tennessee Local Food Summit ($57k) and Living Waters Inc ($57k).

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 $51k against liabilities of $0, net assets of $51k.