Recovery Resources Dba 407- Recovery Resources

Analysis

Recovery Resources Dba 407- Recovery Resources is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in March 1977, 49 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Recovery Resources Dba 407- Recovery Resources reported income of $9.3m and spending of $10.1m, spending 109% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $7.1m to $9.3m (+31%), an average of +5.5% a year. The sharpest change came in the year to December 2019, when income rose by 97%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Recovery Resources Dba 407- Recovery Resources sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Lake Sunapee Home Care and Hospice ($9.3m), Andrew McDonough B Positive Foundation ($9.3m) and Public Health Accreditation Board ($9.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 60% of the total. Other salaries and wages came to $5.7m. At year end it held assets of $11.8m against liabilities of $6.0m, net assets of $5.9m. It reported 170 employees.

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.