Fondren Renaissance Foundation

Analysis

Fondren Renaissance Foundation is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in October 1997, 29 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 December 2023, Fondren Renaissance Foundation reported income of $238k and spending of $259k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $276k to $238k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2020, when income dropped by 17%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fondren Renaissance Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within MS. Charities of a similar size with the same main cause include Capital City Chamber of Commerce Inc ($238k), Womens Club of Glen Ridge ($238k) and Partnership for Research and Educat Ion ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 37% of the total. Other salaries and wages came to $96k. At year end it held assets of $562k against liabilities of $70k, net assets of $492k. It reported 1 employees.