Renewal Project Inc

Analysis

Renewal Project Inc is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Renewal Project Inc reported income of $236k and spending of $271k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $152k to $236k (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Renewal Project Inc 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 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Emergency Nurses Association ($236k), Gray Academy ($236k) and Youth Development Foundation of Pinellas County Inc ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.