Richard Bush Renewal Center

Analysis

Richard Bush Renewal Center is a registered charity in United States, based in Bannister, MI. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Richard Bush Renewal Center reported income of $148k and spending of $152k, spending 103% of its income. Across the 4 years on record, from October 2021 to December 2023, income fell from $227k to $148k (-35%), an average of -13% a year. The sharpest change came in the year to December 2022, when income rose by 1090%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Richard Bush Renewal Center sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include Vajra Flame Foundation ($148k), Hope United Incorporated ($148k) and Chris Samuel Ministries Inc ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $13k (8.5% of expenses). Other salaries and wages came to $7,282. At year end it held assets of $622k against liabilities of $506k, net assets of $116k. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.