Restart 3 20 Inc

Analysis

Restart 3 20 Inc is a registered charity in United States, based in Sandy Springs, GA. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Restart 3 20 Inc reported income of $65k and spending of $66k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $297k to $65k (-78%), an average of -78% a year. The sharpest change came in the year to December 2023, when income dropped by 78%. Over the whole period it spent 27% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Restart 3 20 Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within GA. Charities of a similar size with the same main cause include Shingle Creek Victory Council ($65k), Gundaker Foundation Rotary Dist 7450 ($65k) and Team Jaffrey ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $213k against liabilities of $620, net assets of $213k.