RNG Global Initiative Inc

Analysis

RNG Global Initiative Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, RNG Global Initiative Inc reported income of $249k and spending of $87k, leaving 65% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $159k to $249k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 24% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, RNG Global Initiative Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include American Conifer Society ($249k), Solid Waste Association of North America Inc ($249k) and Lab to Land Institute ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $395k against liabilities of $0, net assets of $395k.