Reef Renewal Foundation International

Analysis

Reef Renewal Foundation International is a registered charity in United States, based in Larchmont, NY. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Reef Renewal Foundation International reported income of $304k and spending of $230k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $254k to $304k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 82% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Reef Renewal Foundation International sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Ivy Creek Foundation Inc ($304k), Land Use Resource Center ($305k) and Truly Living Well Center for Natural Urban Agriculture Inc ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.