Renaissance International Inc

Analysis

Renaissance International Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Renaissance International Inc reported income of $99k and spending of $55k, leaving 45% of income unspent that year. Across the 6 years on record, from September 2018 to September 2023, income grew from $68k to $99k (+45%), an average of +7.8% a year. The sharpest change came in the year to September 2022, when income rose by 50%. Over the whole period it spent 122% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Renaissance International Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Bedford Community Foundation ($99k), Celebrate Plover Foundation Inc ($99k) and Stephenson Public Library Foundation Inc ($99k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $20k. At year end it held assets of $100k against liabilities of $1,863, net assets of $98k. It reported 1 employees.