Renaissance Secondary School

Analysis

Renaissance Secondary School is a registered charity in United States, based in Castle Rock, CO. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Renaissance Secondary School reported income of $4.7m and spending of $4.6m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $4.7m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Renaissance Secondary School sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include Visible Music College ($4.7m), Arco Iris Spanish Immersion Charter School ($4.7m) and Mid-Atlantic Christian University Inc ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $108k (2.4% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $2.8m against liabilities of $5.3m, net assets of -$2.5m. It reported 59 employees.