Renaissance Court Inc

Analysis

Renaissance Court Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Renaissance Court Inc reported income of $216k and spending of $352k, spending 163% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $178k to $216k (+21%), an average of +4.9% a year. Over the whole period it spent 161% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Renaissance Court Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OR. Charities of a similar size with the same main cause include Nanoom House Inc ($216k), USA Housing Inc ($216k) and Montauk Non Profit Housing Corp ($216k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $27k. At year end it held assets of $2.3m against liabilities of $1.3m, net assets of $1.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.