Renewal Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
SEE SCHEDULE O
- Income
- $1.7 million
- Spending
- $990,733
- Spent on programs
- 100%
- Reserves
- 19.4 months of spending
- Largest source of income
- donations and private grants, 98%
- Employees
- 0
- Volunteers
- 8
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 91% of charities in its peer group (education, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 19.4 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 41% of income.
Income trend
15 of 15Income rose 56% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 58 out of 100. Higher than 15% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $980,193 spent. THE ORGANIZATION WAS FORMED FOR THE PURPOSE OF (1) PROVIDING EDUCATIONAL ASSISTANCE TO NEEDY OR UNDERPRIVILEGED STUDENT; (2) PROVIDING ENGLISH LITERACY EDUCATING TO NEW IMMIGRANT STUDENTS; (3) PROMOTING AND FOSTERING MUTUAL UNDERSTANDING, RESPECT AND GOODWILL AMONG PERSONS OF ALL ANCESTRIES: (4) ORGANIZING UNDER PROFESSIONAL DIRECTON, A BODY OF WATURE AND RESPONSIBLE ADULTS TO INTEREST THEMSELVES IN THE WELFARE OF YOUTH FOR THEIR PROPER AND MORAL DEVELOPMENT; (5) PROMOTING FELLOWSHIP AND EXTEND ACQUAINTANCES BY MEANS OF SOCIAL GATHERING AND OTHER FORMS OF CULTURAL EVENTS; (6) TO PROMOT VARIOUS HELPFUL AND HEALTHY SOCIAL ACTIVITIES; AND (7) INTERACTING AND COOPERATING WITH SIMILAR ORGANIZATIONS SO THAT THEY MAY ADVANCE THE PURPOSE OF THE ORGANIZATION.
- $8,432 spent. MANAGEMENT AND GENERAL EXPENSES
- RENEWAL FOUNDATION, INC. (THE FOUNDATION) WAS INCORPORATED UNDER SECTION 402 OF THE NOT-FOR PROFIT CORPORATION LAW OF STATE OF NEW YORK ON JULY 13 2001. THE FOUNDATION WAS ESTABLISHED EXCLUSIVELY FOR CHARTIABLE AND EDUCATION PURPOSES. THE FOUNDATION AIMS TO ACCOMPLISH ITS PURPOSE THOUGH CONTRIBUTIONS AND GRANTS THAT ASSIST IN THE ESESTABLISHMENT AND MAINTENANCE, BY QUALIFIED PERSONS AND ORGANIZATIONS, IN ECONOMICALLY UNDERPRIVILEGED AND VUINERABLE AREAS, OF PROGRAMS AND FACILITIES FOR EDUCATION, VOCATIONAL TRAINING, FINANCIAL, AND TECHNICAL ASSISTANCE IN SCHOOL CONSTRUCTION (THE "HOPE PROJECT") AND MEDICAL CARE. IN ADDITION, THE FOUNDATION PROVIDES FINANCIAL AND LIVING ASSISTANCE TO THE NEEDY AND UNDERPRIVILEGED STUDENTS (THE "PERAL AND EGG PROJECT"), AND PROVIDES SERVICE AND TEACHING ACTIVITIES TO COMMUNITIES (THE "GLOBAL COMPASSION PROJECT"). IN FISCAL YEAR 2009, THE FOUNDATION STARTED TO PROVIDE FINANCIAL ASSISTANCE FOR BUILDING LIBRARIES IN UNDERPRIVILEGED REMOTE AREAS(THE "LIBRARY PROJECT")
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2003.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.