Wabash Recovery Services

Analysis

Wabash Recovery Services is a registered charity in United States, based in Wabash, IN. 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, Wabash Recovery Services reported income of $415k and spending of $110k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $589k to $415k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 16% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wabash Recovery Services sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include Community Outreach and Prevention Network ($415k), Phatt Chance Community Services Inc ($415k) and Senior Services for Northern California ($415k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 6.4% of the total. Other salaries and wages came to $34k. At year end it held assets of $845k against liabilities of $2,768, net assets of $842k. It reported 2 employees.