Terrapin Station Sober Living NFP

Analysis

Terrapin Station Sober Living NFP is a registered charity in United States, based in Highland Park, IL. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Terrapin Station Sober Living NFP reported income of $65k and spending of $72k, spending 111% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $20k to $65k (+227%), an average of +227% a year. The sharpest change came in the year to June 2023, when income rose by 227%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Terrapin Station Sober Living NFP sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include Sacred Hands of Hope Indian Ministries ($65k), Job 29 Ministries Inc ($65k) and Babies Youth Children Empowerment Ministries Inc ($65k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 7.3% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.