Recovery Capital Inc

Analysis

Recovery Capital Inc is a registered charity in United States, based in Maryland Heights, MO. It received its IRS tax-exemption ruling in February 2024, 2 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, Recovery Capital Inc reported income of $80k and spending of $82k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $147k to $80k (-45%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 59%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Recovery Capital Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within MO. Charities of a similar size with the same main cause include Log Jam Inc ($80k), Pathways Pregnancy Care Center ($80k) and Mountain Range High School Band Boosters ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $105k against liabilities of $15k, net assets of $90k.