Abundant Life Recovery Housing Network Inc

Analysis

Abundant Life Recovery Housing Network Inc is a registered charity in United States, based in Morgantown, WV. It received its IRS tax-exemption ruling in October 2021, 5 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, Abundant Life Recovery Housing Network Inc reported income of $147k and spending of $186k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $224k to $147k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. 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, Abundant Life Recovery Housing Network Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within WV. Charities of a similar size with the same main cause include Shade of the Tree ($147k), Dayton Veterans Affairs Research and Education Foundation ($147k) and International Pediatric Stroke Organization Inc ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $46k (25% of expenses). Other salaries and wages came to $7,430. At year end it held assets of $23k against liabilities of $0, net assets of $23k. It reported 2 employees.