Austin Restoration Ministries

Analysis

Austin Restoration Ministries is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Austin Restoration Ministries reported income of $757k and spending of $881k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $539k to $757k (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Austin Restoration Ministries sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include The Istrouma Methodist Camp Inc ($757k), Fathers House Educational Foundation ($758k) and American Friends of the Jerusalem Great Synagogue Inc ($757k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $112k. At year end it held assets of $10k against liabilities of $0, net assets of $10k. It reported 3 employees.