Spirit Recovery Center

Analysis

Spirit Recovery Center is a registered charity in United States, based in Hastings, MN. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Spirit Recovery Center reported income of $119k and spending of $145k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $111k to $119k (+7.4%), an average of +7.4% a year. Over the whole period it spent 127% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Spirit Recovery Center sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within MN. Charities of a similar size with the same main cause include R I G H T Inc Hwy 4 South ($119k), American Housing Project Inc ($119k) and Cooperative Metropolitan Ministries ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $399k against liabilities of $430k, net assets of -$31k.