Renegades

Analysis

Renegades is a registered charity in United States, based in Southampton, PA. It received its IRS tax-exemption ruling in July 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Renegades reported income of $447k and spending of $521k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $492k to $447k (-9.1%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Renegades sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Little East Conference ($447k), Legends of Gold Inc ($447k) and Canal Park Inc ($447k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $54k (10% of expenses). At year end it held assets of $89k against liabilities of $323k, net assets of -$234k.

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.