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Drums in Recovery Inc

RegisteredEIN 81-3175725Forest City, FLHealth and saving lives
Income$312k2023-12
Spending$271ksame year
Spent / received91%5-year average
Size in its cause48th pctHealth and saving lives
Exempt since2016Publicly supported organisat
Employees6latest return

Analysis

Drums in Recovery Inc is a registered charity in United States, based in Forest City, FL. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Drums in Recovery Inc reported income of $312k and spending of $271k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $25k to $312k (+1166%), an average of +89% a year. The sharpest change came in the year to December 2023, when income rose by 657%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Drums in Recovery Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Trinity Community Coalition Outreach Inc ($312k), Employee Assistance Program of Warren Washington and Saratoga Cou ($312k) and Growingstems Inc ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $198k (73% of expenses). Other salaries and wages came to $34k. At year end it held assets of $45k against liabilities of $4,778, net assets of $40k. It reported 6 employees.

Income and spending

$0$78k$156k$234k$312k2019 Income: $24,6492019 Spending: $26,42220192020 Income: $23,9692020 Spending: $17,02520202021 Income: $45,5872021 Spending: $42,62820212022 Income: $41,2162022 Spending: $49,19420222023 Income: $312,1642023 Spending: $271,1162023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Trinity Community Coalition Outreach IncMemphis$312k
Employee Assistance Program of Warren Washington and Saratoga CouGlens Falls$312k
Growingstems IncHollywood$312k
Medical Staff of Capital Health SystemTrenton$312k