Albuquerque Center for Hope and Recovery Inc

Analysis

Albuquerque Center for Hope and Recovery Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in January 2004, 22 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 June 2023, Albuquerque Center for Hope and Recovery Inc reported income of $702k and spending of $724k, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $354k to $702k (+98%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 96%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Albuquerque Center for Hope and Recovery Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within NM. Charities of a similar size with the same main cause include International Society for Burn Injuries ($702k), Health Care Access ($702k) and Marshall Foundation for Community Health ($702k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $44k (6.1% of expenses). Other salaries and wages came to $353k. At year end it held assets of $49k against liabilities of $29k, net assets of $20k. It reported 14 employees.