Restoration Bridge International Inc

Analysis

Restoration Bridge International Inc is a registered charity in United States, based in Lake Worth, FL. It received its IRS tax-exemption ruling in February 2005, 21 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, Restoration Bridge International Inc reported income of $18.2m and spending of $18.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.2m to $18.2m (+62%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Restoration Bridge International Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Urban Strategies Inc ($18.2m), Columbia Vantage House Corporation ($18.2m) and Greater Opportunities for Broome and Chenango Inc ($18.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $52k (0.3% of expenses). Other salaries and wages came to $311k. At year end it held assets of $445k against liabilities of $6,545, net assets of $438k. It reported 21 employees.