Power Clean Recovery Corp

Analysis

Power Clean Recovery Corp is a registered charity in United States, based in Branford, CT. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Power Clean Recovery Corp reported income of $373k and spending of $381k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $625k to $373k (-40%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 50% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Power Clean Recovery Corp sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within CT. Charities of a similar size with the same main cause include St Francis Mission Dental Clinic ($373k), Breast Cancer Assistance Group of the Monterey Peninsula ($373k) and Families Living Violence Free ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $757k against liabilities of $24k, net assets of $733k.