Redwood Psychology Center Inc

Analysis

Redwood Psychology Center Inc is a registered charity in United States, based in Monte Rio, CA. It received its IRS tax-exemption ruling in January 1987, 39 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 June 2023, Redwood Psychology Center Inc reported income of $281k and spending of $287k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $312k to $281k (-10%), an average of -2.6% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Redwood Psychology Center Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include H E a R T S Helping Each Adolescent Reach Their Spark ($281k), Association for the Study of Literature and Environment ($281k) and Habitat for Humanity International Inc ($281k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $75k (26% of expenses). Other salaries and wages came to $122k. At year end it held assets of $181k against liabilities of $97k, net assets of $84k. It reported 12 employees.