Restoring Faith Inc

Analysis

Restoring Faith Inc is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in February 2023, 3 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, Restoring Faith Inc reported income of $166k and spending of $166k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $166k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Restoring Faith Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Malphurs Group Inc ($166k), Jesu Ministries 2 Zim ($166k) and Friends of Missionaries of the Cross Foundation ($166k).

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 $7,666 against liabilities of $0, net assets of $7,666.