Restoration Apostolic Truth Ministries

Analysis

Restoration Apostolic Truth Ministries is a registered charity in United States, based in Lake Alfred, FL. It received its IRS tax-exemption ruling in March 2003, 23 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, Restoration Apostolic Truth Ministries reported income of $101k and spending of $99k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $101k (+9.6%), an average of +9.6% a year. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Restoration Apostolic Truth Ministries sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include St John Lutheran Church and School of Ocala Foundation Inc ($101k), Shepard of Your Soul ($101k) and Crossfire International ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,054 against liabilities of $0, net assets of $7,054.