Family Renewal Shelter

Analysis

Family Renewal Shelter is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Family Renewal Shelter reported income of $327k and spending of $362k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $424k to $327k (-23%), an average of -6.2% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Renewal Shelter sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within WA. Charities of a similar size with the same main cause include Inclusionworks ($327k), McPherson County Food Bank Inc ($328k) and Child and Family Advocacy Center of South Central Minnesota ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $185k. At year end it held assets of $1.3m against liabilities of $84k, net assets of $1.2m. It reported 4 employees.