Restoration Christian Ministry

Analysis

Restoration Christian Ministry is a registered charity in United States, based in Elizabeth, NJ. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Restoration Christian Ministry reported income of $470k and spending of $440k, spending 94% of its income. Across the 4 years on record, from December 2018 to December 2022, income grew from $236k to $470k (+99%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Restoration Christian Ministry sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include International Society for Krishna Consciousness of Sacramento Inc ($470k), Maranatha Power Ministries Inc ($470k) and Mtofm Inc ($469k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $41k (9.4% of expenses). At year end it held assets of $1.6m against liabilities of $394k, net assets of $1.2m.