Redwood City Sequoia Awards Inc

Analysis

Redwood City Sequoia Awards Inc is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 March 2024, Redwood City Sequoia Awards Inc reported income of $284k and spending of $276k, spending 97% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $221k to $284k (+29%), an average of +6.5% a year. The sharpest change came in the year to March 2023, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Redwood City Sequoia Awards 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 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include McAdoo Fire Company Inc Schuylkill County ($284k), Grannys Babies Childcare Center ($284k) and Foundation for Chinese Performing Arts Inc ($284k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 83% of the total. At year end it held assets of $852k against liabilities of $276k, net assets of $576k.