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Presbyterian & Reformed Renewal Ministries International

RegisteredEIN 73-1026057Black MTN, NCReligion
Income$1.1m2023-12
Spending$888ksame year
Spent / received74%5-year average
Size in its cause92nd pctReligion
Exempt since1977Publicly supported organisat
Employees10latest return

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

$0$341k$682k$1.0m$1.4m2019 Income: $1,297,4202019 Spending: $1,046,32720192020 Income: $1,364,2162020 Spending: $870,51120202021 Income: $1,327,3802021 Spending: $898,09420212022 Income: $1,188,3112022 Spending: $919,05220222023 Income: $1,102,8492023 Spending: $888,2842023
IncomeSpending

Where the income comes from

  • Contributions & grants 90%
  • Program services 7.9%
  • Other 2.0%

Similar-sized charities, same cause

CharityLocationIncome
Islamic Society of New River Valley IncBlacksburg$1.1m
Bridge Builders InternationalTaylors$1.1m
Lutheran Public Radio IncCaseyville$1.1m
Metropolitan Washington Orthodox Seniors Housing IncPotomac$1.1m