Recovery Resource Center Inc

Analysis

Recovery Resource Center Inc is a registered charity in United States, based in Salisbury, MD. It received its IRS tax-exemption ruling in April 2023, 3 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 July 2024, Recovery Resource Center Inc reported income of $332k and spending of $352k, spending 106% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income grew from $225k to $332k (+48%), an average of +8.1% a year. The sharpest change came in the year to July 2024, when income rose by 92%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Recovery Resource Center Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Louisiana Cancer Foundation for Research and Education Inc ($332k), Knapp Medical Group ($332k) and Shannon Health System ($332k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 49% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $63k (18% of expenses). Other salaries and wages came to $173k. At year end it held assets of $84k against liabilities of $1,712, net assets of $82k. It reported 18 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.