Renewing Hope Ministries

Analysis

Renewing Hope Ministries is a registered charity in United States, based in MC Connellsbg, PA. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Renewing Hope Ministries reported income of $112k and spending of $110k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $113k to $112k (-1.2%), an average of -1.2% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Renewing Hope Ministries sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Sails Up 4 Cancer Inc ($112k), Cla Homes I Corp ($112k) and Peoples Center Investment Corporation ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.