Renewed Blessings Inc

Analysis

Renewed Blessings Inc is a registered charity in United States, based in Rogers City, MI. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Renewed Blessings Inc reported income of $112k and spending of $98k, spending 87% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $92k to $112k (+21%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Renewed Blessings Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within MI. Charities of a similar size with the same main cause include Summerdale Court Inc ($112k), Southwestern Childrens Home Trust ($112k) and Good Journey Development Foundation ($112k).

At year end it held assets of $92k against liabilities of $0, net assets of $92k.