Redemption Recovery Institute

Analysis

Redemption Recovery Institute is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in February 2022, 4 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, Redemption Recovery Institute reported income of $362k and spending of $357k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $362k (+198%), an average of +198% a year. The sharpest change came in the year to December 2023, when income rose by 198%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Redemption Recovery Institute 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 66th percentile within OK. Charities of a similar size with the same main cause include Newport Hospital & Health Services Foundation ($362k), Unity Recovery ($362k) and Marshmallows Hope Nonprofit Organization Corp ($362k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $7,304. At year end it held assets of $0 against liabilities of $0, net assets of $0.