Apostolic Restoration Ministry

Analysis

Apostolic Restoration Ministry is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Apostolic Restoration Ministry reported income of $638k and spending of $649k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $398k to $638k (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Apostolic Restoration Ministry sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within MS. Charities of a similar size with the same main cause include More International Ministries ($638k), Institute of Biblical Leadership ($638k) and Bold Venture Ministries Inc ($637k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $72k (11% of expenses). Other salaries and wages came to $57k. At year end it held assets of $1.8m against liabilities of $665k, net assets of $1.1m.