Renton Ecumenical Association of Churches

Analysis

Renton Ecumenical Association of Churches is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Renton Ecumenical Association of Churches reported income of $481k and spending of $461k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $347k to $481k (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2020, when income rose by 217%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Renton Ecumenical Association of Churches sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within WA. Charities of a similar size with the same main cause include Celebration Foundation Inc ($481k), Hawaii Peace and Justice ($481k) and Common Roots Farm ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $127k (27% of expenses). Other salaries and wages came to $182k. At year end it held assets of $86k against liabilities of $9,024, net assets of $77k. It reported 14 employees.