Restore SGF

Analysis

Restore SGF is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, Restore SGF reported income of $523k and spending of $516k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $162k to $523k (+223%), an average of +223% a year. The sharpest change came in the year to June 2024, when income rose by 223%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Restore SGF sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within MO. Charities of a similar size with the same main cause include Business Initiative Corporation of New York ($523k), Rochester Land Bank Corporation ($523k) and Gateway Municipalities Community ($523k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $42k (8.1% of expenses). Other salaries and wages came to $23k. At year end it held assets of $159k against liabilities of $5,000, net assets of $154k. It reported 2 employees.