Recovery Trail Inc

Analysis

Recovery Trail Inc is a registered charity in United States, based in Sevierville, TN. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Trail Inc reported income of $649k and spending of $356k, leaving 45% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $434k to $649k (+50%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 174%. Over the whole period it spent 58% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Recovery Trail Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Housing Opportunities of Northern Kentucky Inc ($649k), Affordable Housing Development Corp ($650k) and Stella Maris Housing Development Corp ($649k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $98k (28% of expenses). Other salaries and wages came to $56k. At year end it held assets of $801k against liabilities of $213k, net assets of $587k. It reported 6 employees.