Restore Ministries of Birmingham Inc

Analysis

Restore Ministries of Birmingham Inc is a registered charity in United States, based in Vestavia, AL. It received its IRS tax-exemption ruling in December 2013, 13 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 December 2023, Restore Ministries of Birmingham Inc reported income of $379k and spending of $394k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $336k to $379k (+13%), an average of +3.0% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Restore Ministries of Birmingham Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within AL. Charities of a similar size with the same main cause include John O Wilson Hamilton Township Neighborhood Center Inc ($379k), Prosumers International ($379k) and Iserve Ministries Inc ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $99k (25% of expenses). Other salaries and wages came to $189k. At year end it held assets of $128k against liabilities of $891, net assets of $127k. It reported 5 employees.