Renaissance Knights Foundation

Analysis

Renaissance Knights Foundation is a registered charity in United States, based in Wauconda, IL. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2024, Renaissance Knights Foundation reported income of $477k and spending of $506k, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income grew from $242k to $477k (+97%), an average of +25% a year. The sharpest change came in the year to June 2024, when income rose by 82%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Renaissance Knights Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include North Coast Aquatic Team ($477k), High School Hockey League of Nassau County Inc ($477k) and NHB Futbol Club Inc ($477k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.6% and program service revenue 93% of the total. Other salaries and wages came to $121k. At year end it held assets of $140k against liabilities of $5,543, net assets of $134k. It reported 3 employees.