Florida Association of Recovery Residences Inc

Analysis

Florida Association of Recovery Residences Inc is a registered charity in United States, based in Boynton Beach, FL. It received its IRS tax-exemption ruling in December 2019, 7 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 December 2023, Florida Association of Recovery Residences Inc reported income of $758k and spending of $458k, leaving 40% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $400k to $758k (+89%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Florida Association of Recovery Residences Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Galena Area Emergency Medical Service District ($757k), Higher Ground Recovery Center ($758k) and Cross Cultural Health Care Program ($757k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.9% and program service revenue 92% of the total. Other salaries and wages came to $255k. At year end it held assets of $466k against liabilities of $139k, net assets of $327k. It reported 9 employees.