Faithfully Restored

Analysis

Faithfully Restored is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in April 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 (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, Faithfully Restored reported income of $668k and spending of $550k, spending 82% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $256k to $668k (+161%), an average of +62% a year. The sharpest change came in the year to December 2022, when income rose by 99%. 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, Faithfully Restored 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 76th percentile within TN. Charities of a similar size with the same main cause include Harvest Evangelistic Association ($668k), John Jay Institute for Faith Society and Law Inc ($669k) and Heart2heart Senior Outreach of South Florida Inc ($668k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $85k (15% of expenses). Other salaries and wages came to $54k. At year end it held assets of $489k against liabilities of $18k, net assets of $471k. It reported 5 employees.