Recovery Management Systems Inc

Analysis

Recovery Management Systems Inc is a registered charity in United States, based in Marlboro, NJ. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Recovery Management Systems Inc reported income of $1.8m and spending of $2.2m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.8m (-5.1%), an average of -1.3% a year. Over the whole period it spent 109% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Recovery Management Systems 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 NJ. Charities of a similar size with the same main cause include Piedmont Athens Regional Foundation Inc ($1.8m), Snow Hill Volunteer Fire Company Inc ($1.8m) and Formation Counseling Services Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $10.9m against liabilities of $6.8m, net assets of $4.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.