New Testament Restoration Foundation Inc

Analysis

New Testament Restoration Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 1999, 27 years ago. 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 2023, New Testament Restoration Foundation Inc reported income of $115k and spending of $207k, spending 179% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $152k to $115k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Testament Restoration Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within GA. Charities of a similar size with the same main cause include Kingdom Builders Ministries ($115k), Commission International Inc ($115k) and St Martin the Merciful Orthodox Christian Church Inc ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. Compensation of current officers, directors and key employees was $65k (31% of expenses). At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m. It reported 1 employees.