Radical Philanthropies

Analysis

Radical Philanthropies is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in October 2020, 6 years ago. 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, Radical Philanthropies reported income of $142k and spending of $152k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $661k to $142k (-79%), an average of -79% a year. The sharpest change came in the year to December 2023, when income dropped by 79%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Radical Philanthropies sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include East Brandywine Firemens Relief Assoc ($142k), Tri City Area United Way ($142k) and Advent Share Ministries Inc ($142k).

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 $58k against liabilities of $0, net assets of $58k.