Passages to Recovery Inc

Analysis

Passages to Recovery Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 1976, 50 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, Passages to Recovery Inc reported income of $3.9m and spending of $4.6m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.5m to $3.9m (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Passages to Recovery Inc 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 89th percentile within PA. Charities of a similar size with the same main cause include New York City Gay and Lesbian Anti-Violence Project Inc ($3.9m), Auxiliary Service Corp ($3.9m) and Open Arms Link ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $166k (3.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $8.2m against liabilities of $1.7m, net assets of $6.5m. It reported 76 employees.