Recoveryworks

Analysis

Recoveryworks is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in September 2021, 5 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, Recoveryworks reported income of $1.4m and spending of $1.2m, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $462k to $1.4m (+213%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Recoveryworks sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include York Ambulance Association Inc ($1.4m), Houston Coalition for Life ($1.4m) and Foundation for Education & Research in Vision Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $127k (10% of expenses). Other salaries and wages came to $555k. At year end it held assets of $573k against liabilities of $150k, net assets of $423k. It reported 20 employees.