Everett Area Renaissance Foundation Inc

Analysis

Everett Area Renaissance Foundation Inc is a registered charity in United States, based in Everett, PA. It received its IRS tax-exemption ruling in October 1993, 33 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 June 2024, Everett Area Renaissance Foundation Inc reported income of $52k and spending of $44k, spending 85% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $33k to $52k (+56%), an average of +56% a year. The sharpest change came in the year to June 2024, when income rose by 56%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Everett Area Renaissance Foundation Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include Mount Tabor Band Inc ($52k), Meeting Professionals International ($52k) and Michigan Campaign Finance Network ($52k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 61% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.