Restoration Ministries Inc

Analysis

Restoration Ministries Inc is a registered charity in United States, based in Cozad, NE. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Restoration Ministries Inc reported income of $208k and spending of $188k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $170k to $208k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Restoration Ministries Inc 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 55th percentile, and in the 53rd percentile within NE. Charities of a similar size with the same main cause include Caring Forever Foundation ($208k), Training Pastors International ($208k) and Cambodian Buddhist Society of Pomona Inc ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $112k (59% of expenses). At year end it held assets of $192k against liabilities of $0, net assets of $192k. It reported 1 employees.