Faces and Voices of Recovery Greenville

Analysis

Faces and Voices of Recovery Greenville is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in February 2012, 14 years ago. 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, Faces and Voices of Recovery Greenville reported income of $4.0m and spending of $3.2m, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.7m to $4.0m (+50%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Faces and Voices of Recovery Greenville sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within SC. Charities of a similar size with the same main cause include National Wild Turkey Federation Research Foundation Inc ($4.0m), Young Mens Christian Association ($4.0m) and St Marys Manor for Senior Citizen Housing Development Fund Company I ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $140k (4.4% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $4.9m against liabilities of $347k, net assets of $4.5m. It reported 62 employees.