A Place of Restoration Inc

Analysis

A Place of Restoration Inc is a registered charity in United States, based in Gray, LA. It received its IRS tax-exemption ruling in April 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, A Place of Restoration Inc reported income of $519k and spending of $427k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $375k to $519k (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2022, when income rose by 117%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, A Place of Restoration Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within LA. Charities of a similar size with the same main cause include Tennessee Association of Drug Court Professionals ($519k), Pediatric Heart Transplant Society Foundation ($519k) and Speed of Light - the Astro Foundation ($519k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $59k (14% of expenses). Other salaries and wages came to $121k. At year end it held assets of $1.1m against liabilities of $8,742, net assets of $1.1m. It reported 8 employees.