Charity Search / RENEW HOPE
Housing & Shelter (L20) IRS Verified DX Registered 990 on File

RENEW HOPE

EIN: 82-1161462 · WYOMING, MN 55092-0725 · United States · FY 2024 Data
2 out of 5 33 / 100 Based on 2+ years of filings
Financial strength (30%) 46/100
Reliability (20%) 45/100
Effectiveness (25%) 43/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$104K
Total Revenue
$160K
Total Expenses
$75K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 53.3%
Fundraising Efficiency N/A
Operating Reserve 5.66x
Liability-to-Asset 73.7%
Revenue Diversification 102.1%
Compared with Peers
FY 2024
Compared with 5,473 similar organizations (United States, Housing & Shelter, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
53.3% 87.3%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
5.7 mo 13.6 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
73.7% 25.2%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
102.1% 91.7%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-38.5% 5.0%
P10P90
Expense growth
Year over year expense growth
-3.1% 5.2%
P10P90
Surplus margin
Surplus as a share of revenue
-53.9% -6.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $104K $160K $75K 53.3%
2023 $169K $165K $131K 34.0%
2022 $157K $144K $127K 31.2%
2021 $493K $227K N/A 18
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Organization Details
EIN
82-1161462
State
MN
City
WYOMING
ZIP
55092-0725
Classification
L20
Category
Housing & Shelter
Rating
2★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2017
Foundation Code
15
Form 990
On File
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