Religious Coalition for Community Renewal Inc

Analysis

Religious Coalition for Community Renewal Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in May 1987, 39 years ago. 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, Religious Coalition for Community Renewal Inc reported income of $1.1m and spending of $1.4m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.1m (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Religious Coalition for Community Renewal Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within WV. Charities of a similar size with the same main cause include Huntsville Swim Association ($1.1m), Healthy Start Inc ($1.1m) and Birthworkers of Color Collective ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $103k (7.3% of expenses). Other salaries and wages came to $539k. At year end it held assets of $3.0m against liabilities of $2.0m, net assets of $1.0m. It reported 18 employees.