Reel Recovery Inc

Analysis

Reel Recovery Inc is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Reel Recovery Inc reported income of $644k and spending of $661k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $612k to $644k (+5.2%), an average of +1.3% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Reel Recovery Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Wellsboro Firemens Ambulance ($644k), My Choices ($644k) and Fibroid Foundation ($644k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. Compensation of current officers, directors and key employees was $144k (22% of expenses). Other salaries and wages came to $76k. At year end it held assets of $356k against liabilities of $0, net assets of $356k. It reported 2 employees.