Restoration 225 Inc

Analysis

Restoration 225 Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Restoration 225 Inc reported income of $397k and spending of $328k, spending 83% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $312k to $397k (+27%), an average of +8.4% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Restoration 225 Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Christian Community Action Inc ($397k), Leos Pride Foundation ($397k) and Ohio County Family Resource Network Inc ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $126k (38% of expenses). Other salaries and wages came to $49k. At year end it held assets of $215k against liabilities of $1,525, net assets of $213k. It reported 2 employees.