Foundations in Recovery Inc

Analysis

Foundations in Recovery Inc is a registered charity in United States, based in El Cajon, CA. It received its IRS tax-exemption ruling in March 2024, 2 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Foundations in Recovery Inc reported income of $664k and spending of $731k, spending 110% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $917k to $664k (-28%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 25%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundations in Recovery Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Vna Consortium Inc ($664k), Saint Thomas Home Health ($664k) and Supporters of Families with Sickle Cell Disease ($663k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $87k (12% of expenses). Other salaries and wages came to $213k. At year end it held assets of $0 against liabilities of $0, net assets of $0.

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.