Spiritual Renewal Center of
Analysis
Spiritual Renewal Center of is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in October 1981, 45 years ago. 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 December 2023, Spiritual Renewal Center of reported income of $230k and spending of $187k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $217k to $230k (+5.9%), an average of +2.9% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 93% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spiritual Renewal Center of sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Dickinson County Historical Society ($230k), Create Appalachia ($230k) and Roseville Youth Basketball Association ($230k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $62k (33% of expenses). Other salaries and wages came to $21k. At year end it held assets of $157k against liabilities of $371, net assets of $157k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 78%
- Program services 14%
- Other 8.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dickinson County Historical Society | Abilene | $230k |
| Create Appalachia | Kingsport | $230k |
| Roseville Youth Basketball Association | Roseville | $230k |
| Fsic American Innovation and Opportunity Fund | Washington | $230k |