Renville County Community Residence Inc

Analysis

Renville County Community Residence Inc is a registered charity in United States, based in Bird Island, MN. It received its IRS tax-exemption ruling in October 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Renville County Community Residence Inc reported income of $2.7m and spending of $2.4m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $2.7m (+8.2%), an average of +2.0% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Renville County Community Residence Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include Friendship Circle SD Inc ($2.7m), New York State Wine and Culinary Center Inc ($2.7m) and Intown Collaborative Ministries ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $1.8m against liabilities of $272k, net assets of $1.5m. It reported 71 employees.