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Faces and Voices of Recovery Tri-County Inc

RegisteredEIN 05-0627921Lake Wylie, SCPoverty relief
Income$416k2023-12
Spending$269ksame year
Spent / received71%4-year average
Size in its cause61st pctPoverty relief
Exempt since2012Publicly supported organisat
Employees5latest return

Analysis

Faces and Voices of Recovery Tri-County Inc is a registered charity in United States, based in Lake Wylie, SC. It received its IRS tax-exemption ruling in March 2012, 14 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, Faces and Voices of Recovery Tri-County Inc reported income of $416k and spending of $269k, leaving 35% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $210k to $416k (+98%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faces and Voices of Recovery Tri-County Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within SC. Charities of a similar size with the same main cause include Olin Day Care Inc ($416k), Troost Thrift Store Inc ($416k) and Jesus House Odessa ($416k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $35k (13% of expenses). Other salaries and wages came to $97k. At year end it held assets of $234k against liabilities of $56k, net assets of $179k. It reported 5 employees.

Income and spending

$0$104k$208k$312k$416k2019 Income: $210,0512019 Spending: $217,35020192021 Income: $330,8392021 Spending: $191,96220212022 Income: $222,6122022 Spending: $163,44820222023 Income: $415,6962023 Spending: $268,9892023
IncomeSpending

Where the income comes from

  • Contributions & grants 93%
  • Program services 7.0%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Olin Day Care IncOlin$416k
Troost Thrift Store IncKansas City$416k
Jesus House OdessaOdessa$416k
C&c Advocacy IncHalethorpe$416k