Friends of Recovery of Delaware and Otsego Counties Inc

Analysis

Friends of Recovery of Delaware and Otsego Counties Inc is a registered charity in United States, based in Oneonta, NY. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Friends of Recovery of Delaware and Otsego Counties Inc reported income of $1.8m and spending of $1.8m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.8m (+74%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Recovery of Delaware and Otsego Counties Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Saginaw County Youth Protection Council ($1.8m), The Lands at Hillside Farms ($1.8m) and Friends of Refugees Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $97k (5.3% of expenses). Other salaries and wages came to $864k. At year end it held assets of $590k against liabilities of $514k, net assets of $76k. It reported 36 employees.