Susquehanna Recovery Initiative Inc

Analysis

Susquehanna Recovery Initiative Inc is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Susquehanna Recovery Initiative Inc reported income of $218k and spending of $204k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $237k to $218k (-8.0%), an average of -8.0% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Susquehanna Recovery Initiative Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Bachman Memorial Home Inc ($218k), First Step Apartments Inc ($218k) and Daemion Counseling Center ($218k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $427k against liabilities of $278k, net assets of $149k.