Project Restore US

Analysis

Project Restore US is a registered charity in United States, based in Brighton, MA. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Project Restore US reported income of $80k and spending of $104k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $180k to $80k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Restore US sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include Christian Food Cupboard of Hudson Inc ($80k), Henry J Smith Charitable Trust ($80k) and Pregnancy Resource Center of Smith County ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $136k against liabilities of $655, net assets of $136k.