Redmond Community Concert Association

Analysis

Redmond Community Concert Association is a registered charity in United States, based in Redmond, OR. It received its IRS tax-exemption ruling in September 1992, 34 years ago. 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 May 2023, Redmond Community Concert Association reported income of $118k and spending of $114k, spending 97% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $36k to $118k (+225%), an average of +225% a year. The sharpest change came in the year to May 2023, when income rose by 225%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Redmond Community Concert Association sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within OR. Charities of a similar size with the same main cause include National Christian Life Community USA ($118k), Montgomery County Master Gardener Association ($118k) and Bryan Baseball Club ($118k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 34% and program service revenue 60% of the total. At year end it held assets of $186k against liabilities of $147, net assets of $186k.