Renaissance-Parents of Success

Analysis

Renaissance-Parents of Success is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Renaissance-Parents of Success reported income of $548k and spending of $193k, leaving 65% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $37k to $548k (+1374%), an average of +71% a year. The sharpest change came in the year to December 2019, when income rose by 812%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Renaissance-Parents of Success sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Coppin Heights Community Development Corporation ($548k), Urban Renewal Center ($548k) and Americas Central Port Foundation I Inc ($548k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 12 employees.