Presbyterian & Reformed Renewal Ministries International
Analysis
Presbyterian & Reformed Renewal Ministries International is a registered charity in United States, based in Black MTN, NC. It received its IRS tax-exemption ruling in September 1977, 49 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Presbyterian & Reformed Renewal Ministries International reported income of $1.1m and spending of $888k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.1m (-15%), an average of -4.0% a year. Over the whole period it spent 74% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Presbyterian & Reformed Renewal Ministries International sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Islamic Society of New River Valley Inc ($1.1m), Bridge Builders International ($1.1m) and Lutheran Public Radio Inc ($1.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 7.9% of the total. Compensation of current officers, directors and key employees was $142k (16% of expenses). Other salaries and wages came to $95k. At year end it held assets of $4.6m against liabilities of $26k, net assets of $4.6m. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 90%
- Program services 7.9%
- Other 2.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Islamic Society of New River Valley Inc | Blacksburg | $1.1m |
| Bridge Builders International | Taylors | $1.1m |
| Lutheran Public Radio Inc | Caseyville | $1.1m |
| Metropolitan Washington Orthodox Seniors Housing Inc | Potomac | $1.1m |