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Native Renewables Inc

RegisteredEIN 85-2285816Flagstaff, AZArts, culture, heritage and science
Income$2.7m2023-12
Spending$2.0msame year
Spent / received60%4-year average
Size in its cause93rd pctArts, culture, heritage and science
Exempt since2020Publicly supported organisat
Employees20latest return

Analysis

Native Renewables Inc is a registered charity in United States, based in Flagstaff, AZ. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Native Renewables Inc reported income of $2.7m and spending of $2.0m, leaving 26% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $222k to $2.7m (+1125%), an average of +130% a year. The sharpest change came in the year to December 2021, when income rose by 861%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Native Renewables Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within AZ. Charities of a similar size with the same main cause include Bucks Rock Camp Inc ($2.7m), Venice Symphony Inc ($2.7m) and Mariners Museum TR No 1 P03583005 ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.8% of the total. Other salaries and wages came to $747k. At year end it held assets of $3.0m against liabilities of $7,998, net assets of $3.0m. It reported 20 employees.

Income and spending

$0$681k$1.4m$2.0m$2.7m2020 Income: $222,3052020 Spending: $6520202021 Income: $2,136,1772021 Spending: $1,016,08820212022 Income: $2,464,8742022 Spending: $1,478,59720222023 Income: $2,722,5672023 Spending: $2,025,2462023
IncomeSpending

Where the income comes from

  • Contributions & grants 92%
  • Program services 7.8%

Similar-sized charities, same cause

CharityLocationIncome
Bucks Rock Camp IncNew Milford$2.7m
Venice Symphony IncVenice$2.7m
Mariners Museum TR No 1 P03583005Chicago$2.7m
Music Worcester IncWorcester$2.7m