Overview

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Est.

2021

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Renaissance of Hope Inc is a nonprofit organization dedicated to providing home repairs and educational programs for low and moderate-income individuals. With an operating budget of $2.2 million and total revenue of $1.9 million for the 2024 filing year, the organization emphasizes its mission of meeting human needs through loving channels. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its initiatives.

Mission Statement

TO ACTIVELY ENGAGE IN NON-PROFIT RESIDENTIAL AND COMMUNITY REAL ESTATE AND EDUCATIONAL PROGRAMS FOR LOW AND MODERATE INCOME INDIVIDUALS. MISSION: DIVINE RESOURCES MEETING HUMAN NEEDS THROUGH LOVING CHANNELS.
Revenues
$1.9M
Expenses
$2.2M
Net Income:
-$324.4K
Assets
$548.2K
Liabilities
$115K
Net Assets:
+$433.2K
Operating Budget
$2.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$300K
Largest grant received
$1.1M
B
Bishop Andrew Merritt
Board Member
D
David Merritt
Board Member
V
Viveca Merritt
Board Member
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  • 7 funders
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Frequently Asked Questions

What is RENAISSANCE OF HOPE INC’s budget?
In 2024, RENAISSANCE OF HOPE INC reported an annual operating budget of around $2.2 million. More detailed financial information is available to registered users.
What causes does RENAISSANCE OF HOPE INC support?
RENAISSANCE OF HOPE INC supports work in Home repairs.
Where does RENAISSANCE OF HOPE INC operate?
RENAISSANCE OF HOPE INC is headquartered in Detroit, MI.
Who funded RENAISSANCE OF HOPE INC recently?
In 2024, RENAISSANCE OF HOPE INC received grants from ENTERPRISE COMMUNITY PARTNERS INC, MULLICK FOUNDATION, and UNITED WAY FOR SOUTHEASTERN MICHIGAN. More information on this organization’s funders is available to registered users.
What is the largest grant RENAISSANCE OF HOPE INC received in 2024?
The largest grant to RENAISSANCE OF HOPE INC in 2024 exceeds $1.1 million.