Israel Renaissance Fund Inc

Analysis

Israel Renaissance Fund Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2004, 22 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 December 2023, Israel Renaissance Fund Inc reported income of $414k and spending of $320k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $506k to $414k (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2021, when income rose by 255%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Israel Renaissance Fund Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Indiana University Research & Technology Corp ($414k), Childrens Weekday Program ($414k) and Nevada Hosa ($414k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $1.6m against liabilities of $9,010, net assets of $1.6m.