Came to Believe Recovery Inc

Analysis

Came to Believe Recovery Inc is a registered charity in United States, based in Pluckemin, NJ. It received its IRS tax-exemption ruling in November 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Came to Believe Recovery Inc reported income of $486k and spending of $517k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $486k (+118%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Came to Believe Recovery Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Shalom II Housing Inc ($485k), Ophthalmic World Leaders ($486k) and Kentuckiana Health Collaborative ($485k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $97k (19% of expenses). Other salaries and wages came to $105k. At year end it held assets of $22k against liabilities of $84k, net assets of -$62k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.