Restoreher Place

Analysis

Restoreher Place is a registered charity in United States, based in Pomona, CA. It received its IRS tax-exemption ruling in May 2004, 22 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, Restoreher Place reported income of $182k and spending of $251k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $140k to $182k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 116% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Restoreher Place sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Kehillah Bnei Abraham Messianic Synagogue Inc ($182k), Trinity Evangelical Lutheran Congregation Foundation Inc ($182k) and Lion of Light Ministries Inc ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $46k (18% of expenses). Other salaries and wages came to $37k. At year end it held assets of $559k against liabilities of $395k, net assets of $164k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.