Solutions Recovery Inc
Analysis
Solutions Recovery Inc is a registered charity in United States, based in Oshkosh, WI. It received its IRS tax-exemption ruling in April 2005, 21 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Solutions Recovery Inc reported income of $1.8m and spending of $1.2m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $148k to $1.8m (+1098%), an average of +86% a year. The sharpest change came in the year to December 2022, when income rose by 169%. Over the whole period it spent 65% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Solutions Recovery Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WI. Charities of a similar size with the same main cause include Heritage Medical Research Institute ($1.8m), Care for Children ($1.8m) and Proton Collaborative Group Inc ($1.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $98k (8.5% of expenses). Other salaries and wages came to $412k. At year end it held assets of $2.6m against liabilities of $1.2m, net assets of $1.4m. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Program services 9.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Heritage Medical Research Institute | Bakersfield | $1.8m |
| Care for Children | Bradford | $1.8m |
| Proton Collaborative Group Inc | Warrenville | $1.8m |
| Armenian Womens Welfare Association Inc | Jamaica Plain | $1.8m |