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Recovery Resources Inc

RegisteredEIN 32-0398372Cassville, MOHousing and shelter
Income$70k2022-12
Spending$43ksame year
Spent / received49%2-year average
Size in its cause16th pctHousing and shelter
Exempt since2021Publicly supported organisat
Employees–latest return

Analysis

Recovery Resources Inc is a registered charity in United States, based in Cassville, MO. It received its IRS tax-exemption ruling in May 2021, 5 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 (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 2022, Recovery Resources Inc reported income of $70k and spending of $43k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2020 to December 2022, income fell from $122k to $70k (-43%), an average of -42% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 49% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Recovery Resources Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within MO. Charities of a similar size with the same main cause include Regenesis Community Developement Corporation ($70k), Bodhi Battalion Inc ($70k) and Hopeful Solution ($70k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 79% of the total. At year end it held assets of $173k against liabilities of $0, net assets of $173k.

Income and spending

$0$30k$61k$91k$122k2020 Income: $121,6362020 Spending: $50,00920202022 Income: $69,8862022 Spending: $43,1552022
IncomeSpending

Where the income comes from

  • Contributions & grants 79%
  • Other 21%

Similar-sized charities, same cause

CharityLocationIncome
Regenesis Community Developement CorporationSpartanburg$70k
Bodhi Battalion IncBrighton$70k
Hopeful SolutionDallas$70k
Freeport Community Development IncFreeport$70k