Apostolic Christian Restmor Inc

Analysis

Apostolic Christian Restmor Inc is a registered charity in United States, based in Morton, IL. It received its IRS tax-exemption ruling in August 1978, 48 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Apostolic Christian Restmor Inc reported income of $14.0m and spending of $13.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.2m to $14.0m (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Apostolic Christian Restmor Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Redlands Health Foundation ($14.0m), Free Wheelchair Mission ($14.0m) and Childrens Hospital Pathology Foundation Inc ($14.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $93k (0.7% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $27.1m against liabilities of $1.1m, net assets of $26.0m. It reported 334 employees.