Restored to Freedom LLC

Analysis

Restored to Freedom LLC is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Restored to Freedom LLC reported income of $111k and spending of $111k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $157k to $111k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Restored to Freedom LLC sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Chrysalis International Inc ($110k), Kollel Nachlas Dov Inc ($111k) and American Friends of Kollel Shaarei Yosef Inc ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 51% of the total. At year end it held assets of $3,850 against liabilities of $0, net assets of $3,850.