Redemption Underdog Freedom Fund

Analysis

Redemption Underdog Freedom Fund is a registered charity in United States, based in Lebanon, TN. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Redemption Underdog Freedom Fund reported income of $94k and spending of $84k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $94k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Redemption Underdog Freedom Fund sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within TN. Charities of a similar size with the same main cause include The Humane Society of Jackson County Inc ($94k), Feathered Friends Forever ($94k) and Pup Squad Animal Rescue ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.