Compassion Restoration Ministries Inc

Analysis

Compassion Restoration Ministries Inc is a registered charity in United States, based in Spotsylvania, VA. It received its IRS tax-exemption ruling in January 2011, 15 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, Compassion Restoration Ministries Inc reported income of $55k and spending of $83k, spending 151% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $226k to $55k (-76%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Compassion Restoration Ministries Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within VA. Charities of a similar size with the same main cause include Wachusett Food Pantry Inc ($55k), Fannin County Community Ministries Inc ($55k) and Fletcher Foundation Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.