Peer 360 Recovery Alliance

Analysis

Peer 360 Recovery Alliance is a registered charity in United States, based in Bay City, MI. It received its IRS tax-exemption ruling in April 2016, 10 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 September 2023, Peer 360 Recovery Alliance reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $550k to $1.3m (+131%), an average of +23% a year. The sharpest change came in the year to September 2020, when income rose by 36%. 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, Peer 360 Recovery Alliance sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Mental Health Association of South Mississippi ($1.3m), Feinstein Health Fund Inc ($1.3m) and Siegel Rare Neuroimmune Association ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 4.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $121k (9.5% of expenses). Other salaries and wages came to $469k. At year end it held assets of $258k against liabilities of $203k, net assets of $55k. It reported 12 employees.