Sozo Recovery Centers Inc

Analysis

Sozo Recovery Centers Inc is a registered charity in United States, based in Jessieville, AR. It received its IRS tax-exemption ruling in June 2013, 13 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, Sozo Recovery Centers Inc reported income of $1.7m and spending of $1.3m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $324k to $1.7m (+424%), an average of +51% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sozo Recovery Centers 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 86th percentile within AR. Charities of a similar size with the same main cause include Fit to Recover Inc ($1.7m), Rape Trauma Services ($1.7m) and Co County Wellness Services ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $127k (9.5% of expenses). Other salaries and wages came to $340k. At year end it held assets of $1.4m against liabilities of $223k, net assets of $1.2m. It reported 14 employees.