Regenerate California Innovation

Analysis

Regenerate California Innovation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Regenerate California Innovation reported income of $3.8m and spending of $3.9m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.0m to $3.8m (-4.3%), an average of -1.1% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Regenerate California Innovation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include One Voice Ministries Inc ($3.8m), Tejas Ministries Inc ($3.8m) and Victory Ministry & Sports Complex ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $413k (11% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $342k against liabilities of $0, net assets of $342k. It reported 56 employees.