Renaissance Learning Center Inc

Analysis

Renaissance Learning Center Inc is a registered charity in United States, based in Royal PLM BCH, FL. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Renaissance Learning Center Inc reported income of $7.0m and spending of $7.2m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.7m to $7.0m (+49%), an average of +10% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Renaissance Learning Center Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Sharon Baptist Headstart ($7.0m), Erie Elementary Charter School ($7.0m) and Clayton State University Foundation Inc ($7.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $4.2m. At year end it held assets of $2.8m against liabilities of $520k, net assets of $2.3m. It reported 108 employees.