Restored Inc

Analysis

Restored Inc is a registered charity in United States, based in Roselawn, IN. It received its IRS tax-exemption ruling in March 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, Restored Inc reported income of $716k and spending of $486k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $437k to $716k (+64%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Restored Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IN. Charities of a similar size with the same main cause include Neighbors Along the Line ($716k), Hephzibah Ministries Inc ($716k) and Simply Help Foundation ($716k).

Other salaries and wages came to $220k. At year end it held assets of $446k against liabilities of $8,308, net assets of $437k. It reported 22 employees.