Friends of Recovery

Analysis

Friends of Recovery is a registered charity in United States, based in Greenfield, IN. It received its IRS tax-exemption ruling in December 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 2022, Friends of Recovery reported income of $236k and spending of $268k, spending 114% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $245k to $236k (-3.6%), an average of -1.8% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Recovery sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within IN. Charities of a similar size with the same main cause include Astoria Food Pantry Inc ($236k), Virginia Association for Biological Farming ($236k) and Lazarus Ministries KC ($236k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 94% and program service revenue 5.8% of the total. Other salaries and wages came to $163k. At year end it held assets of $14k against liabilities of $4,112, net assets of $10k. It reported 3 employees.