Ely Renaissance Society Inc

Analysis

Ely Renaissance Society Inc is a registered charity in United States, based in Ely, NV. It received its IRS tax-exemption ruling in June 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, Ely Renaissance Society Inc reported income of $62k and spending of $83k, spending 135% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $62k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ely Renaissance Society Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 27th percentile within NV. Charities of a similar size with the same main cause include Artfarm ($62k), Badger History Group ($62k) and Country Music Hayride Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $194k against liabilities of $0, net assets of $194k.