Community Renewal International Inc

Analysis

Community Renewal International Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in July 1992, 34 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, Community Renewal International Inc reported income of $2.8m and spending of $3.0m, spending 109% of what it took in. 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 28%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Renewal International Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within LA. Charities of a similar size with the same main cause include Great Bay Services ($2.8m), Leadership Florida Statewide Community Foundation Inc ($2.8m) and Project Arriba Advanced Retraining and Redev Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $3.0m against liabilities of $1.9m, net assets of $1.1m. It reported 36 employees.