Palm House Recovery Centers Inc

Analysis

Palm House Recovery Centers Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover health care, 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, Palm House Recovery Centers Inc reported income of $730k and spending of $641k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $730k (-44%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 44%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Palm House Recovery Centers 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 79th percentile within GA. Charities of a similar size with the same main cause include Cortlandt Community Volunteer Ambulance Corps Inc ($730k), Research Education & Access for Community Health ($730k) and Girl Power 2 Cure Inc ($730k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $128k (20% of expenses). Other salaries and wages came to $87k. At year end it held assets of $112k against liabilities of $3,015, net assets of $109k. It reported 7 employees.