New Restoration Ministries Inc

Analysis

New Restoration Ministries Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, New Restoration Ministries Inc reported income of $849k and spending of $787k, spending 93% of its income. Across the 2 years on record, from December 2020 to December 2023, income grew from $216k to $849k (+293%), an average of +293% a year. The sharpest change came in the year to December 2023, when income rose by 293%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Restoration Ministries Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include West Texas Gifts of Hope Inc ($849k), Foundation for Children with Neuroimmune Disorders Inc ($849k) and Doctors for America ($849k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% of the total. Other salaries and wages came to $32k. At year end it held assets of $0 against liabilities of $0, net assets of $0.