Recovery Point Ministry

Analysis

Recovery Point Ministry is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in February 2014, 12 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, Recovery Point Ministry reported income of $101k and spending of $113k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $101k to $101k (-0.5%), an average of -0.5% a year. Over the whole period it spent 119% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Recovery Point Ministry sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within AR. Charities of a similar size with the same main cause include National Matching Program LLC ($101k), Little Wheats Inc ($101k) and Shong Foundation ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 24% of the total. At year end it held assets of $161k against liabilities of $59k, net assets of $103k.