Restoration Center Chicago

Analysis

Restoration Center Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 August 2023, Restoration Center Chicago reported income of $670k and spending of $702k, spending 105% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $390k to $670k (+72%), an average of +20% a year. The sharpest change came in the year to August 2021, when income rose by 61%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Restoration Center Chicago sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Storehouse Ministries Outreach Inc ($670k), Camp Patmos Inc ($670k) and Admirato Inc ($669k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $88k (13% of expenses). Other salaries and wages came to $400k. At year end it held assets of $77k against liabilities of $0, net assets of $77k. It reported 10 employees.