New Choices Recovery Center

Analysis

New Choices Recovery Center is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in March 1969, 57 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, New Choices Recovery Center reported income of $12.9m and spending of $10.9m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.5m to $12.9m (+51%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Choices Recovery Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Methodist Manor Retirement Community ($12.9m), Planned Parenthood of GRTR TX Famly Planning & Preventative HLTH Servs ($12.9m) and Ohio Health Information Partnership LLC ($12.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $270k (2.5% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $15.4m against liabilities of $3.5m, net assets of $11.9m. It reported 156 employees.