Recovery House Inc

Analysis

Recovery House Inc is a registered charity in United States, based in Wallingford, VT. It received its IRS tax-exemption ruling in January 1984, 42 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Recovery House Inc reported income of $3.0m and spending of $3.0m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.7m to $3.0m (+10%), an average of +3.3% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Recovery House Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within VT. Charities of a similar size with the same main cause include Resolve Incorporated ($3.0m), Audubon Area Community Care Clinic Inc ($3.0m) and Maine Behavioral Health Organization ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $207k (6.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.1m against liabilities of $262k, net assets of $2.9m. It reported 37 employees.