Renewal Neighborhood Ministry Inc

Analysis

Renewal Neighborhood Ministry Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Renewal Neighborhood Ministry Inc reported income of $130k and spending of $141k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $130k (+15%), an average of +15% a year. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Renewal Neighborhood Ministry Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within IN. Charities of a similar size with the same main cause include Christian Outdoor Fellowship ($130k), Little Busy Bodies Daycare Inc NFP ($130k) and Union County Meals on Wheels ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.