Renaissance School

Analysis

Renaissance School is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Renaissance School reported income of $1.2m and spending of $1.5m, spending 127% of what it took in. Across the 6 years on record, from August 2019 to June 2024, income grew from $937k to $1.2m (+26%), an average of +4.8% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Renaissance School sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Center for Anthroposophy ($1.2m), Hope School Foundation ($1.2m) and Morris Automated Information Network Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $183k (12% of expenses). Other salaries and wages came to $575k. At year end it held assets of $574k against liabilities of $388k, net assets of $186k. It reported 23 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.