Restoring Lives International Inc

Analysis

Restoring Lives International Inc is a registered charity in United States, based in Liberty TWP, OH. It received its IRS tax-exemption ruling in February 1964, 62 years ago. 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, Restoring Lives International Inc reported income of $207k and spending of $225k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $254k to $207k (-18%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Restoring Lives International Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Hot Lunch Service ($207k), Gallery Players Inc ($207k) and Spirit of Peace Baptist Church ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $80k (36% of expenses). Other salaries and wages came to $38k. At year end it held assets of $94k against liabilities of $0, net assets of $94k. It reported 3 employees.