Restart Inc

Analysis

Restart Inc is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Restart Inc reported income of $3.2m and spending of $3.3m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.0m to $3.2m (-20%), an average of -5.4% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Restart Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include Sunland Home Foundation ($3.2m), Cray Medical Research Foundation ($3.2m) and International Society of Travel Medicine Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $140k (4.3% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $1.5m against liabilities of $514k, net assets of $992k. It reported 100 employees.