Restart Housing Services

Analysis

Restart Housing Services is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Restart Housing Services reported income of $111k and spending of $142k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $111k (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 154% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Restart Housing Services sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within MO. Charities of a similar size with the same main cause include Friendship House Apartments Inc ($111k), Twin Rivers Community Corporation ($111k) and Friendship Community Living North C Entral Inc ($111k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $25k. At year end it held assets of $1.9m against liabilities of $44k, net assets of $1.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.