R3stored

Analysis

R3stored is a registered charity in United States, based in Independence, OR. It received its IRS tax-exemption ruling in April 2021, 5 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 December 2023, R3stored reported income of $226k and spending of $208k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $183k to $226k (+24%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, R3stored sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OR. Charities of a similar size with the same main cause include Christ Community Church in the Bronx Inc ($226k), New Fire for Christ ($226k) and Salt & Light Partners ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $127k (61% of expenses). Other salaries and wages came to $1,125. At year end it held assets of $102k against liabilities of $41, net assets of $102k. It reported 5 employees.