Re-Store Warehouse Inc

Analysis

Re-Store Warehouse Inc is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in August 1999, 27 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 June 2023, Re-Store Warehouse Inc reported income of $803k and spending of $815k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $631k to $803k (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Re-Store Warehouse Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include West Side Citizens Organization ($803k), Community Care Development Network ($804k) and Silicon Couloir ($803k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% of the total. Other salaries and wages came to $357k. At year end it held assets of $216k against liabilities of $146k, net assets of $70k. It reported 20 employees.