Regeneration Avondale

Analysis

Regeneration Avondale is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 2001, 25 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 June 2023, Regeneration Avondale reported income of $4.0m and spending of $3.6m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.4m to $4.0m (-8.5%), an average of -2.2% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Regeneration Avondale sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Carden Memorial Foundation ($4.0m), Sebastopol Independent Charter School Inc ($4.0m) and Broadwater Academy ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $6.9m against liabilities of $7.8m, net assets of -$949k. It reported 54 employees.