Recovery Foundation Inc

Analysis

Recovery Foundation Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2023, 3 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, Recovery Foundation Inc reported income of $114k and spending of $118k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $114k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Recovery Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Among Friends Activity Center Inc ($114k), Ninos de Sol Peru Inc ($114k) and Cimarron Community Farm ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7,761 against liabilities of $0, net assets of $7,761.