Renovations for Life Inc

Analysis

Renovations for Life Inc is a registered charity in United States, based in Twin Falls, ID. It received its IRS tax-exemption ruling in April 2019, 7 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, Renovations for Life Inc reported income of $423k and spending of $351k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $345k to $423k (+23%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Renovations for Life Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within ID. Charities of a similar size with the same main cause include Pregnancy Center of Owensboro ($423k), Beyond the Badge Inc ($423k) and Cancer Couch Foundation Inc ($423k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $27k (7.7% of expenses). Other salaries and wages came to $161k. At year end it held assets of $206k against liabilities of $3,390, net assets of $202k. It reported 17 employees.