House of Restoration Church of Christ Inc

Analysis

House of Restoration Church of Christ Inc is a registered charity in United States, based in Woodbury, NY. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, House of Restoration Church of Christ Inc reported income of $83k and spending of $100k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $83k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. 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, House of Restoration Church of Christ Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Tower of Faith World Missions ($83k), Ulife Campus Ministry Consulting Inc ($83k) and Phoenix Virtues Association ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.