Renaissance Child Development Center Inc

Analysis

Renaissance Child Development Center Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Renaissance Child Development Center Inc reported income of $989k and spending of $1.0m, spending 102% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $721k to $989k (+37%), an average of +8.2% a year. The sharpest change came in the year to July 2021, when income rose by 71%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Renaissance Child Development Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within WI. Charities of a similar size with the same main cause include United Community Services of Johnson County ($989k), Peninsula Pastoral Counseling Center Inc ($989k) and Grace Landing ($989k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. Other salaries and wages came to $637k. At year end it held assets of $443k against liabilities of $191, net assets of $443k. It reported 53 employees.