Recovery House 12 Steps Inc

Analysis

Recovery House 12 Steps Inc is a registered charity in United States, based in Hialeah, FL. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2022, Recovery House 12 Steps Inc reported income of $273k and spending of $270k, spending 99% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $184k to $273k (+48%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Recovery House 12 Steps Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Clarence J Nell Apartments Housing Development Fund Corporation ($273k), Summerside Woods Inc ($273k) and Helping Hands-Interfaith Coalitionfor the Homeless of Rockland County ($273k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $100k, net assets of -$82k.