Central Iowa Recovery Inc

Analysis

Central Iowa Recovery Inc is a registered charity in United States, based in Humboldt, IA. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Central Iowa Recovery Inc reported income of $1.6m and spending of $1.5m, spending 97% of its income. Across the 4 years on record, from June 2021 to June 2024, income fell from $2.1m to $1.6m (-24%), an average of -8.8% a year. The sharpest change came in the year to June 2022, when income dropped by 16%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Central Iowa Recovery Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within IA. Charities of a similar size with the same main cause include Community Futures Foundation ($1.6m), St Lukes Foundation ($1.6m) and Veterans Health Research Institute of Central New York Inc ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $179k (12% of expenses). Other salaries and wages came to $716k. At year end it held assets of $406k against liabilities of $0, net assets of $406k.