Laity Renewal Foundation

Analysis

Laity Renewal Foundation is a registered charity in United States, based in Kerrville, TX. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 December 2023, Laity Renewal Foundation reported income of $2.3m and spending of $1.7m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.2m to $2.3m (-45%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 68%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Laity Renewal Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Commonweal Foundation ($2.3m), Prevent Child Abuse Utah ($2.3m) and Plainfield City Union of the Kings Daughters ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 22% of the total. At year end it held assets of $19.3m against liabilities of $194k, net assets of $19.1m.