Re-Stor-York Inc

Analysis

Re-Stor-York Inc is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Re-Stor-York Inc reported income of $506k and spending of $543k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $474k to $506k (+6.8%), an average of +1.6% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Re-Stor-York Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Oak Hill Community Trust ($505k), Local First Educational Foundation ($506k) and Thrive Asheville Inc ($505k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% of the total. Compensation of current officers, directors and key employees was $6,100 (1.1% of expenses). Other salaries and wages came to $288k. At year end it held assets of $717k against liabilities of $317k, net assets of $400k. It reported 16 employees.