Culture Restoration Project Inc

Analysis

Culture Restoration Project Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Culture Restoration Project Inc reported income of $152k and spending of $213k, spending 141% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $123k to $152k (+24%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 260%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Culture Restoration Project Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 42nd percentile within DE. Charities of a similar size with the same main cause include Gamma Omicron Educational Services Inc ($151k), Association of Notre Dame Clubs Inc ($152k) and Panther Foundation ($151k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $165k (78% of expenses). Other salaries and wages came to $15k. At year end it held assets of $252k against liabilities of $2,953, net assets of $250k. It reported 4 employees.