Broken Mended & Restored Inc

Analysis

Broken Mended & Restored Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Broken Mended & Restored Inc reported income of $65k and spending of $49k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $65k (+117%), an average of +117% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Broken Mended & Restored Inc sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Logan County Agricultural Society ($65k), Dignity Village ($65k) and Raw Milk Institute ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.