Redeemed and Restored Incorporated

Analysis

Redeemed and Restored Incorporated is a registered charity in United States, based in Hopkinsville, KY. It received its IRS tax-exemption ruling in August 2018, 8 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, Redeemed and Restored Incorporated reported income of $1.3m and spending of $1.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Redeemed and Restored Incorporated sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within KY. Charities of a similar size with the same main cause include Cornerstone Counseling Center of Ames Inc ($1.3m), Icarre Foundation ($1.3m) and Carolinaeast Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. Other salaries and wages came to $858k. At year end it held assets of $1.5m against liabilities of $225k, net assets of $1.2m. It reported 36 employees.