Restore Texas Ministries

Analysis

Restore Texas Ministries is a registered charity in United States, based in Huntsville, TX. It received its IRS tax-exemption ruling in November 2015, 11 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 December 2022, Restore Texas Ministries reported income of $345k and spending of $346k, spending 101% of its income. Across the 5 years on record, from December 2018 to December 2022, income fell from $396k to $345k (-13%), an average of -3.4% a year. 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, Restore Texas Ministries sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include One Spark Foundation Inc ($345k), Geneseo Endowment for Excellence ($345k) and East End Preschool ($345k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $86k (25% of expenses). At year end it held assets of $211k against liabilities of $119k, net assets of $93k.