Renew America Together Inc

Analysis

Renew America Together Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover public and societal benefit, 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, Renew America Together Inc reported income of $371k and spending of $455k, spending 123% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $249k to $371k (+49%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Renew America Together Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within AR. Charities of a similar size with the same main cause include Trustees of Purdue University ($371k), U City in Bloom ($372k) and Pledges Inc ($371k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $155k (34% of expenses). Other salaries and wages came to $86k. At year end it held assets of $184k against liabilities of $6,183, net assets of $177k. It reported 2 employees.