Center for American Restoration Inc

Analysis

Center for American Restoration Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Center for American Restoration Inc reported income of $4.4m and spending of $3.4m, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.0m to $4.4m (+321%), an average of +105% a year. The sharpest change came in the year to December 2022, when income rose by 188%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for American Restoration Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 78th percentile within DC. Charities of a similar size with the same main cause include National Church Residences of ($4.4m), Iniciativa Comunitaria de Investigacion Inc ($4.4m) and Warrior Alliance Inc ($4.4m).

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 $505k (15% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.9m against liabilities of $759k, net assets of $2.1m. It reported 16 employees.