Restoration Hope
EIN: 364909725 · Kingsport, TN
| Metric | Value |
|---|---|
| Total Revenue | $83K |
| Total Expenses | $39K |
| Net Assets | $2K |
Is Restoration Hope Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Restoration Hope
Restoration Hope (EIN: 364909725) is a nonprofit organization based in Kingsport, TN. The organization reported total revenue of $83K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Restoration Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Restoration Hope is a micro nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2020–2022). Revenue has grown at a compound annual rate of 26.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $39K |
| Surplus / Deficit | $-10,722 |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | -37.6% |
| Months of Reserves | 0.6 months |
Financial Health Grade: C
In 2022, Restoration Hope reported a deficit of $11K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited).
Financial Trends
Over 3 years of filings (2020–2022), Restoration Hope's revenue has grown at a compound annual growth rate (CAGR) of 26.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -80.9% | -71.8% | -84.8% |
| 2021 | +736.9% | +821.6% | +365.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Restoration Hope has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Restoration Hope with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
Frequently Asked Questions about Restoration Hope
Is Restoration Hope a legitimate charity?
Restoration Hope (EIN: 364909725) is a registered tax-exempt nonprofit based in Tennessee. It has 3 years of IRS 990 filings on record. Total revenue: $83K. No red flags identified. Financial health grade: C.
How does Restoration Hope spend its money?
Restoration Hope reported $83K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Restoration Hope tax-deductible?
Restoration Hope is registered as a tax-exempt nonprofit (EIN: 364909725). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Restoration Hope located?
Restoration Hope is headquartered in Kingsport, Tennessee and files with the IRS under EIN 364909725.
How many years of IRS 990 filings does Restoration Hope have?
Restoration Hope has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $83K in total revenue.
Filing History
IRS 990 filing history for Restoration Hope showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2020–2022), Restoration Hope's revenue has grown by 59.8%, moving from $18K to $28K. Total assets decreased by 29.4% over the same period, from $3K to $2K. Total functional expenses rose by 159.5%, from $15K to $39K. In its most recent filing year (2022), Restoration Hope reported a deficit of $11K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $28K | $39K | $2K | $0 | — | — |
| 2021 | $149K | $139K | $13K | $0 | — | View 990 |
| 2020 | $18K | $15K | $3K | $0 | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $28K, expenses of $39K, and assets of $2K (revenue -80.9% year-over-year).
- 2021: Revenue of $149K, expenses of $139K, and assets of $13K (revenue +736.9% year-over-year).
- 2020: Revenue of $18K, expenses of $15K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Restoration Hope:
Data Sources and Methodology
This transparency report for Restoration Hope is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.