Restoration House of Lima
Analysis
Restoration House of Lima is a registered charity in United States, based in Elida, OH. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 House of Lima reported income of $268k and spending of $267k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $226k to $268k (+18%), an average of +5.8% a year. Over the whole period it spent 99% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Restoration House of Lima sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Whitney Brookside Corporation ($268k), Hijra House Association ($268k) and Creedmoor Court Inc ($268k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. Other salaries and wages came to $42k. At year end it held assets of $11k against liabilities of $1,656, net assets of $9,770. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.7%
- Program services 96%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Whitney Brookside Corporation | Canton | $268k |
| Hijra House Association | Biloxi | $268k |
| Creedmoor Court Inc | Pittsburgh | $268k |
| Waukegan Housing Development Corporation | Waukegan | $268k |