Project Restore Inc

Analysis

Project Restore Inc is a registered charity in United States, based in Locust Dale, VA. It received its IRS tax-exemption ruling in March 2026. Its declared purposes cover religion-related, which this site groups under religion. 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 2020, Project Restore Inc reported income of $1.3m and spending of $1.8m, spending 138% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income grew from $739k to $1.3m (+75%), an average of +75% a year. The sharpest change came in the year to December 2020, when income rose by 75%. Over the whole period it spent 135% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Project Restore Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Uttermost Ministries in ($1.3m), International Sports Federation ($1.3m) and Elnac ($1.3m).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 94% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $78k (4.4% of expenses). At year end it held assets of $3.5m against liabilities of $354k, net assets of $3.1m. It reported 2 employees.