The Ben Meyer Recovery Foundation
Analysis
The Ben Meyer Recovery Foundation is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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, The Ben Meyer Recovery Foundation reported income of $62k and spending of $121k, spending 194% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $497k to $62k (-87%), an average of -65% a year. The sharpest change came in the year to December 2022, when income dropped by 71%. Over the whole period it spent 43% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Ben Meyer Recovery Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include Society for the Research and Application of Nanlaoshu Inc ($62k), Blue Line Club ($62k) and Boxing for Battle Inc ($62k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $401k against liabilities of $0, net assets of $401k.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Society for the Research and Application of Nanlaoshu Inc | New York | $62k |
| Blue Line Club | RL Falls | $62k |
| Boxing for Battle Inc | Spring | $62k |
| National Catholic Assoc of Diocesan Directors of Hispanic Ministry | Columbus | $62k |