The Restore Network

Analysis

The Restore Network is a registered charity in United States, based in Alton, IL. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, The Restore Network reported income of $648k and spending of $702k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $349k to $648k (+86%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 76%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Restore Network 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 74th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Walnut Heights Kids Club Inc ($648k), Family Food Center ($648k) and American Hero Adventures ($648k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 116% of the total. At year end it held assets of $205k against liabilities of $8,744, net assets of $196k.