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Education · 2023 Form 990

Renaissance Charter School Inc: $389.7M Revenue, $388.1M Expenses

Ft Lauderdale, Florida · EIN 650864257 · Filing year 2023

Renaissance Charter School Inc reported $389.7M in total revenue, $388.1M in total expenses, and $668.4M in total assets on its 2023 IRS Form 990. Current-officer compensation is not separately reported on this 990 filing. NonprofitTruth efficiency grade: B (79/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
B
Efficiency Score
79/100

Key Facts (2023 Form 990)

Total Revenue
$389.7M
Total Expenses
$388.1M
Total Assets
$668.4M
Reserve Months
20.7 months
Surplus / (Deficit)
$1.6M
EIN
650864257
Latest 990 Year
2023
Current-Officer Compensation
Not reported
Officer Comp % of Revenue
N/A

The efficiency rubric puts Renaissance Charter School Inc at a B grade: a composite of 79/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.

Annual revenue at Renaissance Charter School Inc runs $389.7M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. On the reserves factor, Renaissance Charter School Inc scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).

Five-year revenue trajectory is strongly positive: Renaissance Charter School Inc has grown materially in real terms, which usually signals successful fundraising and program expansion. Current-officer compensation is not separately reported in the filing — typical for nonprofits where leadership is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. In the Education category, Renaissance Charter School Inc sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.


$389.7M
Revenue
$388.1M
Expenses
$668.4M
Total Assets
N/A
Officer Compensation

How Renaissance Charter School Inc Compares

Renaissance Charter School Inc earns a NonprofitTruth efficiency grade of B (79/100). That is 15 points above the Education category average. The organization holds 20.7 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$388.1M
Total Expenses
Filing year 2023
Not reported
Officer Compensation
on this 990
20.7 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Renaissance Charter School Inc reported $389.7M in revenue against $388.1M in total functional expenses for filing year 2023, holding roughly 20.7 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

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Revenue History

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Renaissance Charter School Inc has a NonprofitTruth Efficiency Score of B (79/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Renaissance Charter School Inc, Donor FAQ

Renaissance Charter School Inc has a NonprofitTruth Efficiency Score of B (79/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Current-officer compensation for Renaissance Charter School Inc is not separately reported in the most recent IRS Form 990 on file. This is common when leadership is paid through a related entity or the organization files a short-form return.

Renaissance Charter School Inc reported $389.7M in annual revenue and $388.1M in total expenses for filing year 2023. The organization holds $668.4M in total assets.

Renaissance Charter School Inc holds approximately 20.7 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.

Renaissance Charter School Inc is a registered 501(c) organization with EIN 650864257, based in Ft Lauderdale, Florida. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.