Charity Search / RENAISSANCE CITY DEVELOPMENT ASSOCIATION INC
Community Improvement (S300) 990 on File

RENAISSANCE CITY DEVELOPMENT ASSOCIATION INC

EIN: 06-0995362 · NEW LONDON, CT 06320-6402 · United States · FY 2025 Data
3 out of 5 55 / 100 Based on 2+ years of filings
Financial strength (30%) 81/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$-594,694
Total Revenue
$154K
Total Expenses
$2.1M
Net Assets
2
Employees
Expense Breakdown
Program Expense Ratio 80.0%
Fundraising Efficiency N/A
Operating Reserve 162.63x
Liability-to-Asset 0.0%
Revenue Diversification N/A
Executive Compensation $0
Compared with Peers
FY 2025
Compared with 2,137 similar organizations (United States, Community Improvement, $100K–$1M in expenses), FY 2025.
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
80.0% 84.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
20.0% 12.7%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
162.6 mo 11.1 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 2.2%
P10P90
Above median
Revenue growth
Year over year revenue growth
-1716.0% 4.2%
P10P90
Expense growth
Year over year expense growth
-24.7% 8.4%
P10P90
Surplus margin
Surplus as a share of revenue
125.9% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $-594,694 $154K $2.1M 80.0% 2
2024 $37K $205K $3.2M 100.0% 2
2023 $33K $156K $3.4M 100.0% 2
2022 $726K $139K $3.5M 100.0% 2
2021 $236K $166K N/A — 2
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Organization Details
EIN
06-0995362
State
CT
City
NEW LONDON
ZIP
06320-6402
Classification
S300
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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