American Renaissance Academy

Analysis

American Renaissance Academy is a registered charity in United States, based in Kapolei, HI. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Renaissance Academy reported income of $2.0m and spending of $2.3m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.0m (+8.1%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Renaissance Academy sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within HI. Charities of a similar size with the same main cause include International Honor Society of Nursing Foundation Inc ($2.0m), Brooklyn Tech Alumni Foundation Inc ($2.0m) and Communities in Schools of Permian Basin Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Other salaries and wages came to $771k. At year end it held assets of $1.4m against liabilities of $3.0m, net assets of -$1.6m. It reported 31 employees.

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.