Recovery Agents Benefit Fund Inc

Analysis

Recovery Agents Benefit Fund Inc is a registered charity in United States, based in Manassas, VA. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Recovery Agents Benefit Fund Inc reported income of $129k and spending of $48k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $129k (+69%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 48% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Recovery Agents Benefit Fund Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within VA. Charities of a similar size with the same main cause include St Andrews By-The-Sea Foundation ($129k), Punxsutawney Area Community Foundation Inc ($129k) and Northwoods United Way Inc ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $419k against liabilities of $0, net assets of $419k.