Restore17 Inc

Analysis

Restore17 Inc is a registered charity in United States, based in Acworth, GA. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Restore17 Inc reported income of $193k and spending of $194k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $312k to $193k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Restore17 Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within GA. Charities of a similar size with the same main cause include Society of Saint Vincent de Paul Conference of Saint Joseph ($193k), Freedom Paws Service Dogs Foundation ($193k) and Beer Miriam Charitable Foundation ($193k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $339k against liabilities of $0, net assets of $339k.