Casting for Recovery Inc

Analysis

Casting for Recovery Inc is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Casting for Recovery Inc reported income of $1.9m and spending of $2.0m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.9m (-0.7%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Casting for Recovery Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within MT. Charities of a similar size with the same main cause include Mendcenter Foundation ($1.9m), Sharon Community Health Center ($1.9m) and Pamlico County Rescue Squad Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $231k (12% of expenses). Other salaries and wages came to $632k. It paid $15k in professional fundraising fees. At year end it held assets of $3.1m against liabilities of $125k, net assets of $3.0m. It reported 14 employees.