R-12 Recovery Ministries
Analysis
R-12 Recovery Ministries is a registered charity in United States, based in Vicksburg, MS. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, R-12 Recovery Ministries reported income of $107k and spending of $108k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $107k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 103% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, R-12 Recovery Ministries sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within MS. Charities of a similar size with the same main cause include Housing Works 874 Jefferson Housing Development Fund Corporation ($107k), New Horizons Plaza Inc ($107k) and South Shore Group Home IV Inc ($107k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $281k against liabilities of $242k, net assets of $39k.
Income and spending
Where the income comes from
- Contributions & grants 78%
- Program services 22%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Housing Works 874 Jefferson Housing Development Fund Corporation | Brooklyn | $107k |
| New Horizons Plaza Inc | Hastings | $107k |
| South Shore Group Home IV Inc | Kingston | $107k |
| Whites Livery Housing Development Fund Company Inc | Buffalo | $107k |