Addiction Center of Broome County

Analysis

Addiction Center of Broome County is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in October 1975, 51 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, Addiction Center of Broome County reported income of $10.4m and spending of $9.3m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.4m to $10.4m (+62%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Addiction Center of Broome County sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Huntington Medical Research Institutes ($10.4m), Miracle Hill Nursing and Rehabilitation Center Inc ($10.4m) and Pulaski Health Foundation Inc ($10.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $345k (3.7% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $6.8m against liabilities of $2.6m, net assets of $4.2m. It reported 118 employees.