Partnership for Renewal

Analysis

Partnership for Renewal is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Partnership for Renewal reported income of $116k and spending of $85k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $82k to $116k (+41%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Partnership for Renewal sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Tribal Rescue Ministries ($116k), Reflecting the Truth Ministries Inc ($116k) and Magnify Ministries ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.