Restless Development USA Inc

Analysis

Restless Development USA Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Restless Development USA Inc reported income of $181k and spending of $229k, spending 127% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $978k to $181k (-82%), an average of -34% a year. The sharpest change came in the year to September 2023, when income dropped by 61%. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Restless Development USA Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include House of Peace Inc ($181k), Hope Alive Clinic Ministries Inc ($181k) and JTB Goodwill Foundation ($180k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $68k. At year end it held assets of $37k against liabilities of $10k, net assets of $27k. It reported 4 employees.