Restored

Analysis

Restored is a registered charity in United States, based in Stillwater, MN. It received its IRS tax-exemption ruling in October 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 June 2023, Restored reported income of $713k and spending of $662k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $395k to $713k (+81%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Restored sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Little Lakers Child Care Center ($713k), Snohomish County Food Bank Coalition ($714k) and Fundacion Alas a LA Mujer Inc ($713k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 99% of the total. Other salaries and wages came to $96k. At year end it held assets of $561k against liabilities of $5,640, net assets of $556k. It reported 4 employees.