Project Recovery Inc

Analysis

Project Recovery Inc is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in May 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Project Recovery Inc reported income of $55k and spending of $45k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $38k to $55k (+44%), an average of +9.5% a year. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Project Recovery Inc sits at the 12th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Oneil Family Foundation ($54k), Albertville Housing Development Corporation ($55k) and Genesis Affordable Housing ($54k).

At year end it held assets of $565k against liabilities of $556k, net assets of $8,884.