Restoration Community Outreach

Analysis

Restoration Community Outreach is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in September 1991, 35 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Community Outreach reported income of $631k and spending of $800k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $672k to $631k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Restoration Community Outreach sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Teton Non-Profit Housing Corp ($631k), Peninsula Housing Development Inc VIII ($631k) and Rebuilding Together North Suburban Chicago ($630k).

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 $85k (11% of expenses). Other salaries and wages came to $344k. At year end it held assets of $562k against liabilities of $178k, net assets of $384k. It reported 18 employees.