Renew New England Alliance

Analysis

Renew New England Alliance is a registered charity in United States, based in Dover, DE. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 New England Alliance reported income of $1.5m and spending of $1.4m, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $807k to $1.5m (+85%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 151%. Over the whole period it spent 88% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Renew New England Alliance sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within DE. Charities of a similar size with the same main cause include Friends of Mill Ridge Park ($1.5m), Mt Adams Resource Stewards ($1.5m) and Carbon Tracker Initiative Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $277k (20% of expenses). Other salaries and wages came to $721k. It paid $15k in professional fundraising fees. At year end it held assets of $525k against liabilities of $52k, net assets of $474k. It reported 16 employees.