Cazenovia Recovery Systems Inc

Analysis

Cazenovia Recovery Systems Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in October 1980, 46 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 December 2023, Cazenovia Recovery Systems Inc reported income of $21.4m and spending of $13.2m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.9m to $21.4m (+79%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cazenovia Recovery Systems Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($21.4m), Austin Habitat for Humanity Inc ($21.4m) and Bridginglife Inc ($21.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $442k (3.3% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $25.9m against liabilities of $3.0m, net assets of $22.9m. It reported 224 employees.