Restoreokc Inc

Analysis

Restoreokc Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Restoreokc Inc reported income of $3.2m and spending of $3.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $805k to $3.2m (+291%), an average of +41% a year. The sharpest change came in the year to December 2020, when income rose by 268%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Restoreokc Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OK. Charities of a similar size with the same main cause include Migdal Oz ($3.1m), Here Be Lions Inc ($3.2m) and Stand to Reason ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $5.0m against liabilities of $612k, net assets of $4.4m. It reported 151 employees.