Restoration Resources Ministry Inc

Analysis

Restoration Resources Ministry Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Restoration Resources Ministry Inc reported income of $291k and spending of $292k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $246k to $291k (+18%), an average of +4.3% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Restoration Resources Ministry Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Mark of Discipleship Inc ($291k), Corpus Christi House Inc ($291k) and Warminster Soccer Club ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $106k (36% of expenses). Other salaries and wages came to $98k. At year end it held assets of $7,245 against liabilities of $0, net assets of $7,245. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.