Restoration Hem Project Inc

Analysis

Restoration Hem Project Inc is a registered charity in United States, based in Lithia, FL. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Restoration Hem Project Inc reported income of $139k and spending of $130k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $111k to $139k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Restoration Hem Project Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Eastern States Exposition Foundation Inc ($139k), Muslim Sisters Helping Inc ($139k) and 196 Community Thrift Store ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.