Restore Addiction Recovery

Analysis

Restore Addiction Recovery is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in June 2017, 9 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 December 2023, Restore Addiction Recovery reported income of $1.3m and spending of $1.0m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $1.3m (-47%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 32% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Restore Addiction Recovery 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 OH. Charities of a similar size with the same main cause include The Board of Visitors ($1.3m), Sacramento Life Center Inc ($1.3m) and Rockford Sexual Assault Counseling Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $37k (3.6% of expenses). Other salaries and wages came to $479k. At year end it held assets of $6.3m against liabilities of $17k, net assets of $6.2m. It reported 74 employees.