Love and Respect Community for Recovery and Wellness Inc

Analysis

Love and Respect Community for Recovery and Wellness Inc is a registered charity in United States, based in Hendersonvlle, NC. It received its IRS tax-exemption ruling in May 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, Love and Respect Community for Recovery and Wellness Inc reported income of $399k and spending of $333k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $390k to $399k (+2.4%), an average of +2.4% a year. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Love and Respect Community for Recovery and Wellness Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Values Plus Foundation ($399k), Safe Harbor Coronado ($399k) and Chesapeake and Potomac Region of Narcotics Anonymous Inc ($399k).

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 $70k (21% of expenses). Other salaries and wages came to $169k. At year end it held assets of $181k against liabilities of $12k, net assets of $169k. It reported 8 employees.