Addictions Care Foundation Inc

Analysis

Addictions Care Foundation Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in May 2003, 23 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Addictions Care Foundation Inc reported income of $268k and spending of $207k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $268k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Addictions Care Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Friends of the St Louis University Liver Center ($268k), My Goal ($268k) and Calibrate a Non-Profit Corporation ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 48% of the total. At year end it held assets of $3.0m against liabilities of $2.4m, net assets of $530k.