Renewal House Inc

Analysis

Renewal House Inc is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in May 1993, 33 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Renewal House Inc reported income of $214k and spending of $190k, spending 89% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $221k to $214k (-3.3%), an average of -3.3% a year. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Renewal House 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 53rd percentile within CT. Charities of a similar size with the same main cause include Cra Community Developement Group Incorporated ($214k), Southwest Florida Gwi Housing V Inc ($214k) and Bledsoe Lane Supportive Housing Inc ($214k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $54k (28% of expenses). Other salaries and wages came to $44k. At year end it held assets of $212k against liabilities of $96k, net assets of $115k. It reported 3 employees.