Renji Ventures Inc

Analysis

Renji Ventures Inc is a registered charity in United States, based in Monterey Park, CA. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Renji Ventures Inc reported income of $71k and spending of $129k, spending 182% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $7.0m to $71k (-99%), an average of -99% a year. The sharpest change came in the year to December 2023, when income dropped by 99%. Over the whole period it spent 2.6% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Renji Ventures Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Pressing Forward Inc ($71k), Siouxland Community Health Foundation ($71k) and Neighborhood Connections to Health Inc ($71k).

At year end it held assets of $6.9m against liabilities of $0, net assets of $6.9m.