Restore a Child Inc

Analysis

Restore a Child Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 a Child Inc reported income of $949k and spending of $704k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $762k to $949k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Restore a Child Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Donors of Color Network Inc ($949k), New Impact Fund ($950k) and Leaders in Furthering Education Inc ($949k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $68k (9.7% of expenses). Other salaries and wages came to $31k. At year end it held assets of $2.0m against liabilities of $9,850, net assets of $1.9m. It reported 2 employees.