Community Renewal Inc

Analysis

Community Renewal Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Community Renewal Inc reported income of $227k and spending of $221k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $213k to $227k (+6.7%), an average of +2.2% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Community Renewal Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within AZ. Charities of a similar size with the same main cause include Chabad of River North and Fulton Market ($227k), Teen Challenge of Mississippi ($228k) and Beulah Church of God Seventh Day Evangelical Inc ($227k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Other salaries and wages came to $59k. At year end it held assets of $246k against liabilities of $7,630, net assets of $238k. It reported 2 employees.