Iglesia de Restauracion PDX

Analysis

Iglesia de Restauracion PDX is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 2019, 7 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, Iglesia de Restauracion PDX reported income of $235k and spending of $282k, spending 120% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $266k to $235k (-12%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia de Restauracion PDX sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OR. Charities of a similar size with the same main cause include Center DC ($235k), Outreach to Americas Youth Inc ($235k) and J17 Ministries Inc ($234k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $95k (34% of expenses). At year end it held assets of $561k against liabilities of $407k, net assets of $154k. It reported 2 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.