Restore Childhood

Analysis

Restore Childhood is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Restore Childhood reported income of $230k and spending of $184k, spending 80% of its income. Across the 2 years on record, from March 2023 to March 2024, income fell from $238k to $230k (-3.6%), an average of -3.6% a year. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Restore Childhood sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Serenity Transformation Home I Inc ($230k), Knowledge Is Power Foundation ($230k) and Wesleyan Homes II of Troy Inc ($230k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $44k (24% of expenses). At year end it held assets of $154k against liabilities of $0, net assets of $154k. It reported 2 employees.