Recovery Program Solutions of Virginia Inc

Analysis

Recovery Program Solutions of Virginia Inc is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Recovery Program Solutions of Virginia Inc reported income of $1.5m and spending of $1.4m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.5m (+36%), an average of +8.1% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Recovery Program Solutions of Virginia Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Biobuilder Educational Foundation Inc ($1.5m), Alexander Twilight Academy ($1.5m) and Tom Joyner Foundation Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $72k (5.2% of expenses). Other salaries and wages came to $693k. At year end it held assets of $483k against liabilities of $89k, net assets of $394k. It reported 38 employees.