Culpeper Renaissance Inc

Analysis

Culpeper Renaissance Inc is a registered charity in United States, based in Culpeper, VA. It received its IRS tax-exemption ruling in August 1989, 37 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 June 2024, Culpeper Renaissance Inc reported income of $375k and spending of $323k, spending 86% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $254k to $375k (+48%), an average of +8.1% a year. The sharpest change came in the year to June 2024, when income rose by 34%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Culpeper Renaissance Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within VA. Charities of a similar size with the same main cause include National Asphalt Pavement Association Research and Education ($375k), Fayette County Industrial Development Corporation ($375k) and Boston Farms Community Land Trust Inc ($375k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% and program service revenue 1.4% of the total. Other salaries and wages came to $192k. At year end it held assets of $364k against liabilities of $0, net assets of $364k.