Shalom Recovery Centers

Analysis

Shalom Recovery Centers is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Shalom Recovery Centers reported income of $870k and spending of $880k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $597k to $870k (+46%), an average of +9.8% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shalom Recovery Centers sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within AR. Charities of a similar size with the same main cause include Summit Academy Community School - Columbus ($870k), Worldwide Educational Tours Inc ($870k) and Pennsylvania Cpa Foundation ($869k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 66% of the total. Other salaries and wages came to $301k. At year end it held assets of $297k against liabilities of $0, net assets of $297k. It reported 26 employees.