The Restoration Team

Analysis

The Restoration Team is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, The Restoration Team reported income of $795k and spending of $890k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $179k to $795k (+343%), an average of +45% a year. The sharpest change came in the year to December 2020, when income rose by 298%. Over the whole period it spent 91% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, The Restoration Team sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Chinchilla Hose Company of South Abington Township ($792k), West End Fire & Rescue Inc ($796k) and Energy Sector Security Consortium Inc ($792k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $64k (7.2% of expenses). Other salaries and wages came to $238k. At year end it held assets of $321k against liabilities of $8,038, net assets of $312k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.