Wyoming Valley Alcohol & Drug Services Inc

Analysis

Wyoming Valley Alcohol & Drug Services Inc is a registered charity in United States, based in Wilkes Barre, PA. It received its IRS tax-exemption ruling in September 1978, 48 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, Wyoming Valley Alcohol & Drug Services Inc reported income of $1.5m and spending of $1.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $1.5m (-20%), an average of -5.4% a year. The sharpest change came in the year to June 2023, when income dropped by 22%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wyoming Valley Alcohol & Drug Services Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($1.5m), Knox Theological Seminary ($1.5m) and Bulletin of the Atomic Scientists ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $317k (21% of expenses). Other salaries and wages came to $660k. At year end it held assets of $1.5m against liabilities of $404k, net assets of $1.1m. It reported 36 employees.