Restore Place Inc

Analysis

Restore Place Inc is a registered charity in United States, based in Woodstock, GA. It received its IRS tax-exemption ruling in August 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 Place Inc reported income of $84k and spending of $93k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $88k to $84k (-5.0%), an average of -5.0% a year. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Restore Place Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within GA. Charities of a similar size with the same main cause include Nigerian-American Multi-Service Association Namsa Inc ($84k), Society for Sensory Professionals Inc ($84k) and Jones Carter Foundation ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $82k against liabilities of $11k, net assets of $71k.