Renu Life Extended

Analysis

Renu Life Extended is a registered charity in United States, based in Goldsboro, NC. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Renu Life Extended reported income of $2.8m and spending of $2.6m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.8m (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Renu Life Extended sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Society of Cardiovascular Anesthesiologists Inc ($2.8m), Butte Native Wellness Center ($2.8m) and National Forum for Heart Disease ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $6.3m against liabilities of $3.4m, net assets of $2.9m. It reported 76 employees.