Restore Mobile

Analysis

Restore Mobile is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Mobile reported income of $312k and spending of $270k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $207k to $312k (+51%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Restore Mobile sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within AL. Charities of a similar size with the same main cause include Catalyst Partnerships ($312k), Regency Apartments RHF Housing Inc ($312k) and C & C Community Inc ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.1% and program service revenue 91% of the total. Other salaries and wages came to $57k. At year end it held assets of $542k against liabilities of $6,563, net assets of $535k. It reported 1 employees.