Restore Life Incorporated

Analysis

Restore Life Incorporated is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 2011, 15 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, Restore Life Incorporated reported income of $707k and spending of $700k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $460k to $707k (+54%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Restore Life Incorporated sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include Historic Dupont Circle Main Streets ($707k), Consortium for Educational Excellence Through Partnerships ($707k) and West Oakland Job Resource Center ($707k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $243k. At year end it held assets of $60k against liabilities of $0, net assets of $60k. It reported 5 employees.