Center Place Restoration Church
Analysis
Center Place Restoration Church is a registered charity in United States, based in Independence, MO. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending May 2024, Center Place Restoration Church reported income of $1.6m and spending of $1.4m, spending 89% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $783k to $1.6m (+102%), an average of +15% a year. The sharpest change came in the year to May 2024, when income rose by 55%. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Center Place Restoration Church sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MO. Charities of a similar size with the same main cause include Creativity Place Inc ($1.6m), Canterbury School Foundation Inc ($1.6m) and Boulder Montessori School ($1.6m).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 54% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $33k (2.4% of expenses). Other salaries and wages came to $621k. At year end it held assets of $611k against liabilities of $117k, net assets of $494k. It reported 53 employees.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Program services 42%
- Other 3.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Creativity Place Inc | Wichita | $1.6m |
| Canterbury School Foundation Inc | Fort Wayne | $1.6m |
| Boulder Montessori School | Boulder | $1.6m |
| Educational Horizons Inc | Satellite BCH | $1.6m |