Teen Recovery Solutions Inc

Analysis

Teen Recovery Solutions Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Teen Recovery Solutions Inc reported income of $657k and spending of $617k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $549k to $657k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 109% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Teen Recovery Solutions Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OK. Charities of a similar size with the same main cause include Collington Foundation Inc ($657k), Beacon Communities Charitable Fund Inc ($657k) and Promise Center Incorporated ($657k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $80k (13% of expenses). Other salaries and wages came to $303k. At year end it held assets of $575k against liabilities of $49k, net assets of $526k. It reported 16 employees.