Matthew Renk Foundation

Analysis

Matthew Renk Foundation is a registered charity in United States, based in Buckingham, PA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Matthew Renk Foundation reported income of $63k and spending of $55k, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $100k to $63k (-36%), an average of -11% a year. The sharpest change came in the year to September 2022, when income rose by 113%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Matthew Renk Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include Highland Hills Middle School PTO ($63k), Cedar Wood Elementary PTA 733 ($63k) and Yellow River Chinese School ($63k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $388k against liabilities of $0, net assets of $388k.