Restore Small Groups

Analysis

Restore Small Groups is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in April 2015, 11 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 Small Groups reported income of $381k and spending of $422k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $429k to $381k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2021, when income dropped by 33%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Restore Small Groups 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 67th percentile within TN. Charities of a similar size with the same main cause include Assisting the Community Together ($381k), Mountain View Community Development ($381k) and Druid City Garden Project ($381k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $88k (21% of expenses). Other salaries and wages came to $105k. At year end it held assets of $355k against liabilities of $5,746, net assets of $350k. It reported 3 employees.