Life Recovery Network Inc

Analysis

Life Recovery Network Inc is a registered charity in United States, based in Klamath Falls, OR. It received its IRS tax-exemption ruling in November 2014, 12 years ago. 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, Life Recovery Network Inc reported income of $152k and spending of $133k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $152k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Life Recovery Network Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OR. Charities of a similar size with the same main cause include Arts Herndon Inc ($152k), Little League Baseball Inc ($152k) and Gospeltree Ministries ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.