Restart Inc

Analysis

Restart Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in December 1989, 37 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, Restart Inc reported income of $7.3m and spending of $8.1m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.6m to $7.3m (+11%), an average of +2.5% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Restart Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within MO. Charities of a similar size with the same main cause include PHS Chanhassen Inc ($7.3m), Amigos Del Valle Inc ($7.3m) and Missouri Quality Care ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $310k (3.8% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $5.5m against liabilities of $2.8m, net assets of $2.7m. It reported 123 employees.