Center for Consumer Recovery Inc

Analysis

Center for Consumer Recovery Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Center for Consumer Recovery Inc reported income of $197k and spending of $209k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $389k to $197k (-49%), an average of -49% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Consumer Recovery Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within OK. Charities of a similar size with the same main cause include Haiti Mission USA Inc ($197k), Austin Street Real Estate ($197k) and Berry Good Food Foundation Inc ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. It paid $7,500 in professional fundraising fees. At year end it held assets of $565k against liabilities of $642k, net assets of -$77k.