Renew Org

Analysis

Renew Org is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in September 2018, 8 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, Renew Org reported income of $1.0m and spending of $992k, spending 96% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $397k to $1.0m (+159%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Renew Org sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Trey Johnson Ministries Inc ($1.0m), East Central Ministries Inc ($1.0m) and Fullness in Christ Fellowship ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $440k (44% of expenses). At year end it held assets of $828k against liabilities of $0, net assets of $828k. It reported 8 employees.