Recovery Innovations Inc

Analysis

Recovery Innovations Inc is a registered charity in United States, based in Peoria, AZ. It received its IRS tax-exemption ruling in July 2009, 17 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 June 2023, Recovery Innovations Inc reported income of $125.7m and spending of $122.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $79.4m to $125.7m (+58%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Recovery Innovations Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within AZ. Charities of a similar size with the same main cause include Planned Parenthood of the Pacific Southwest ($125.7m), Salud Integral En LA Montana Inc ($126.1m) and Integris Health Edmond Inc ($125.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $2.5m (2.1% of expenses). Other salaries and wages came to $58.1m. At year end it held assets of $82.9m against liabilities of $63.1m, net assets of $19.7m. It reported 1,654 employees.