Renesting Project Inc

Analysis

Renesting Project Inc is a registered charity in United States, based in Bossier City, LA. It received its IRS tax-exemption ruling in March 2012, 14 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, Renesting Project Inc reported income of $322k and spending of $305k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $278k to $322k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Renesting Project Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within LA. Charities of a similar size with the same main cause include Voices of Mercy Outreach Ministries Inc ($322k), Family Institute of Northern Utah ($322k) and A Seat at the Table ($322k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $63k. At year end it held assets of $139k against liabilities of $4,729, net assets of $134k. It reported 4 employees.