The Red Hook Daily Catch Inc

Analysis

The Red Hook Daily Catch Inc is a registered charity in United States, based in Red Hook, NY. It received its IRS tax-exemption ruling in July 2022, 4 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 December 2023, The Red Hook Daily Catch Inc reported income of $188k and spending of $119k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $139k to $188k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Red Hook Daily Catch Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Colusa County Arts Council ($188k), Six Nations Iroquois Cultural Center Inc ($188k) and Society for Neuroeconomics Inc ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $53k. At year end it held assets of $133k against liabilities of $0, net assets of $133k. It reported 4 employees.