Restoration Inc

Analysis

Restoration Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 1996, 30 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 September 2023, Restoration Inc reported income of $107k and spending of $122k, spending 114% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $195k to $107k (-45%), an average of -45% a year. The sharpest change came in the year to September 2023, when income dropped by 45%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Restoration Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within GA. Charities of a similar size with the same main cause include Texas Prison Outreach ($107k), Arms of Love Ministries Inc ($107k) and Catalyst Ministries Inc ($107k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.