Restoration Hope Disaster Relief Inc
Analysis
Restoration Hope Disaster Relief Inc is a registered charity in United States, based in Cordova, TN. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Restoration Hope Disaster Relief Inc reported income of $120k and spending of $102k, spending 85% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $85k to $120k (+41%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 697%. Over the whole period it spent 89% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Restoration Hope Disaster Relief Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within TN. Charities of a similar size with the same main cause include Community Resource Connections ($119k), Northwoods Share ($120k) and Sussex Seniors Urban Renewal Affordable Housing Non-Profit ($119k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community Resource Connections | Tama | $119k |
| Northwoods Share | Eagle River | $120k |
| Sussex Seniors Urban Renewal Affordable Housing Non-Profit | Phillipsburg | $119k |
| New Life Community Center Nonprofit Organization | Richmond | $120k |