Operation Restoration

Analysis

Operation Restoration is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 2016, 10 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 2022, Operation Restoration reported income of $6.0m and spending of $4.7m, leaving 22% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.9m to $6.0m (+226%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 135%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Restoration sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within LA. Charities of a similar size with the same main cause include Popes Kids Place ($6.0m), The Alabama Coalition Against Domestic Violence Inc ($6.1m) and Food for Thought ($6.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $264k (5.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $7.1m against liabilities of $1.2m, net assets of $5.9m. It reported 24 employees.