United Recovery Fund

Analysis

United Recovery Fund is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in May 2017, 9 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, United Recovery Fund reported income of $728k and spending of $624k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $307k to $728k (+137%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 61%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, United Recovery Fund sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within ME. Charities of a similar size with the same main cause include Africa Family Rescue ($728k), Cycle - Changing Young Childrens Lives Through Education ($729k) and Financial Literacy International Inc ($728k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $46k. At year end it held assets of $334k against liabilities of $53k, net assets of $281k. It reported 1 employees.