Operation Recovery Inc

Analysis

Operation Recovery Inc is a registered charity in United States, based in Lake Wales, FL. It received its IRS tax-exemption ruling in April 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 (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, Operation Recovery Inc reported income of $1.6m and spending of $1.7m, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $9.5m to $1.6m (-84%), an average of -60% a year. The sharpest change came in the year to December 2022, when income dropped by 88%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Recovery Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include More Than a Bed ($1.6m), Grand Rapids Early Discovery ($1.6m) and New Directions Ofhorry County ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $333k (20% of expenses). At year end it held assets of $524k against liabilities of $0, net assets of $524k.