Red Hen Press Inc
Analysis
Red Hen Press Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in May 2000, 26 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 June 2023, Red Hen Press Inc reported income of $1.2m and spending of $1.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $783k to $1.2m (+51%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 102% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Red Hen Press Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Kentucky Music Educators Assn Inc ($1.2m), Delaware First Media Corporation ($1.2m) and Ukrainian Institute of America Inc ($1.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $201k (17% of expenses). Other salaries and wages came to $368k. At year end it held assets of $1.1m against liabilities of $768k, net assets of $320k. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Program services 7.6%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kentucky Music Educators Assn Inc | Richmond | $1.2m |
| Delaware First Media Corporation | Dover | $1.2m |
| Ukrainian Institute of America Inc | New York | $1.2m |
| Contemporary Art for San Antonio | San Antonio | $1.2m |