Center for Courage & Renewal

Analysis

Center for Courage & Renewal is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in April 2003, 23 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, Center for Courage & Renewal reported income of $1.2m and spending of $751k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $809k to $1.2m (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2021, when income rose by 97%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Courage & Renewal sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within SC. Charities of a similar size with the same main cause include Ridgeline Education Corporation ($1.2m), Vela Institute Inc ($1.2m) and Lev Montessori Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $157k (21% of expenses). Other salaries and wages came to $160k. At year end it held assets of $2.1m against liabilities of $133k, net assets of $2.0m. It reported 7 employees.