Renewed Life Ministries Outreach Inc

Analysis

Renewed Life Ministries Outreach Inc is a registered charity in United States, based in Christiana, TN. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Renewed Life Ministries Outreach Inc reported income of $200k and spending of $320k, spending 160% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $181k to $200k (+10%), an average of +3.3% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 111% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Renewed Life Ministries Outreach Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within TN. Charities of a similar size with the same main cause include Iglesia Bautista Fundamental ($200k), Centro de Vida International Church Movement ($200k) and Al Hikmah Institute Inc ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $128k (40% of expenses). Other salaries and wages came to $81k. At year end it held assets of $277k against liabilities of $0, net assets of $277k. It reported 8 employees.