Restore Innocence

Analysis

Restore Innocence is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in June 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, Restore Innocence reported income of $529k and spending of $430k, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $304k to $529k (+74%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Restore Innocence sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Chair the Love Inc ($528k), Streetlives ($529k) and Mozaic ($528k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $53k (12% of expenses). Other salaries and wages came to $81k. At year end it held assets of $596k against liabilities of $4,284, net assets of $592k. It reported 6 employees.