Restoration Ministries Inc

Analysis

Restoration Ministries Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 1987, 39 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, Restoration Ministries Inc reported income of $145k and spending of $61k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $145k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2020, when income rose by 1813%. Over the whole period it spent 16% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Restoration Ministries Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within AZ. Charities of a similar size with the same main cause include Board of Jewish Education of Atlantic County Inc ($145k), Beth Stephens Ministries Inc ($145k) and TLC Ministries ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 3.8% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m. It reported 1 employees.