Character Restoration Initiative

Analysis

Character Restoration Initiative is a registered charity in United States, based in Allendale, SC. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Character Restoration Initiative reported income of $50k and spending of $83k, spending 167% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $242k to $50k (-79%), an average of -41% a year. The sharpest change came in the year to December 2020, when income dropped by 73%. Over the whole period it spent 74% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Character Restoration Initiative sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 25th percentile within SC. Charities of a similar size with the same main cause include Casa of Tipton County ($50k), Fitting Back in ($50k) and Blount Beginnings Inc ($50k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.