Volusia Recovery Alliance Inc
Analysis
Volusia Recovery Alliance Inc is a registered charity in United States, based in Daytona Beach, FL. It received its IRS tax-exemption ruling in March 2020, 6 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, Volusia Recovery Alliance Inc reported income of $758k and spending of $662k, spending 87% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $71k to $758k (+970%), an average of +120% a year. The sharpest change came in the year to December 2021, when income rose by 391%. Over the whole period it spent 86% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Volusia Recovery Alliance Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Higher Ground Recovery Center ($758k), Kangaroos Korner Inc ($758k) and Florida Association of Recovery Residences Inc ($758k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $69k (10% of expenses). Other salaries and wages came to $286k. At year end it held assets of $233k against liabilities of $0, net assets of $233k. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Higher Ground Recovery Center | Springfield | $758k |
| Kangaroos Korner Inc | Watertown | $758k |
| Florida Association of Recovery Residences Inc | Boynton Beach | $758k |
| Southwestern Colorado Area Health Education Center Inc | Durango | $758k |