Friends Assisting in Recovery Inc

Analysis

Friends Assisting in Recovery Inc is a registered charity in United States, based in Pontiac, MI. It received its IRS tax-exemption ruling in June 1987, 39 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 October 2023, Friends Assisting in Recovery Inc reported income of $360k and spending of $310k, spending 86% of its income. Across the 5 years on record, from October 2019 to October 2023, income fell from $475k to $360k (-24%), an average of -6.7% a year. The sharpest change came in the year to October 2020, when income dropped by 16%. Over the whole period it spent 47% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends Assisting in Recovery Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Transforming Resources ($360k), Forest City Area Emergency Services Inc ($360k) and Manes and Miracles ($360k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $66k (21% of expenses). Other salaries and wages came to $8,611. At year end it held assets of $50k against liabilities of $0, net assets of $50k. It reported 3 employees.