Hope Restoration Ministries

Analysis

Hope Restoration Ministries is a registered charity in United States, based in San Clemente, CA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Restoration Ministries reported income of $782k and spending of $506k, leaving 35% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $147k to $782k (+431%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 115%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Restoration Ministries sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include New Community Resources ($782k), Care of Savannah Inc ($782k) and Childrens Cancer Cause ($782k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% of the total. Compensation of current officers, directors and key employees was $129k (26% of expenses). At year end it held assets of $203k against liabilities of $8,777, net assets of $194k. It reported 2 employees.