Renew Clinic

Analysis

Renew Clinic is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Clinic reported income of $441k and spending of $389k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $219k to $441k (+101%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Renew Clinic sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include One Recovery ($441k), Cancer Genomics Consortium ($441k) and Open Door Re-Entry and Recovery Ministry Inc ($440k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $44k (11% of expenses). Other salaries and wages came to $147k. At year end it held assets of $245k against liabilities of $76k, net assets of $169k. It reported 9 employees.