Recovery Resources

Analysis

Recovery Resources is a registered charity in United States, based in Aspen, CO. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover health care, 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 December 2023, Recovery Resources reported income of $3.8m and spending of $3.7m, spending 95% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $557k to $3.8m (+590%), an average of +47% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Recovery Resources sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Arthritis National Research Foundation ($3.8m), Aidsnet ($3.8m) and Endeavor Health ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $283k (7.7% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $1.7m against liabilities of $937k, net assets of $760k. It reported 69 employees.