Red Line Service Institute
Analysis
Red Line Service Institute is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2020, 6 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 June 2024, Red Line Service Institute reported income of $169k and spending of $185k, spending 110% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $267k to $169k (-37%), an average of -37% a year. The sharpest change came in the year to June 2024, when income dropped by 37%. Over the whole period it spent 80% 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 Line Service Institute sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within IL. Charities of a similar size with the same main cause include Mountain Air Modern Dance ($169k), Fort Mill History Museum Inc ($169k) and The Highlands Historical Preservation Society Inc ($169k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 11% of the total. Other salaries and wages came to $75k. At year end it held assets of $146k against liabilities of $600, net assets of $146k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 11%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mountain Air Modern Dance | Bozeman | $169k |
| Fort Mill History Museum Inc | Fort Mill | $169k |
| The Highlands Historical Preservation Society Inc | Highlands | $169k |
| Highland Historical Society | MC Dowell | $169k |