Association of Spiritual Renewal

Analysis

Association of Spiritual Renewal is a registered charity in United States, based in Dearborn, MI. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Association of Spiritual Renewal reported income of $697k and spending of $640k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $457k to $697k (+52%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Association of Spiritual Renewal sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MI. Charities of a similar size with the same main cause include Northstar Church of the Arts Inc ($697k), Encounter Revival Ministries Inc ($697k) and Norfolk Area Community Kollel ($696k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $310k. At year end it held assets of $1.3m against liabilities of $522k, net assets of $772k. It reported 15 employees.