Renfrew Committee Inc

Analysis

Renfrew Committee Inc is a registered charity in United States, based in Waynesboro, PA. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Renfrew Committee Inc reported income of $1.7m and spending of $395k, leaving 76% of income unspent that year. Across the 5 years on record, from July 2020 to December 2023, income grew from $486k to $1.7m (+246%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 129%. Over the whole period it spent 37% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Renfrew Committee Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Paramount Theatre for the Performing Arts Inc ($1.7m), Minnesota Transportation Museum Inc ($1.7m) and Armenian Cultural Foundation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 2.3% of the total. Other salaries and wages came to $196k. It paid $4,875 in professional fundraising fees. At year end it held assets of $8.2m against liabilities of $845k, net assets of $7.3m. It reported 5 employees.