Foundations a Place for Education and Recovery Inc

Analysis

Foundations a Place for Education and Recovery Inc is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2023, Foundations a Place for Education and Recovery Inc reported income of $402k and spending of $338k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $318k to $402k (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundations a Place for Education and Recovery Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include North Central Wisconsin Ahec Inc ($402k), Ardent Grove Foundation ($402k) and Project Perfect World Foundation Inc ($402k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (18% of expenses). Other salaries and wages came to $88k. At year end it held assets of $187k against liabilities of $92k, net assets of $95k. It reported 9 employees.