Charleston Recovery Center Inc

Analysis

Charleston Recovery Center Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Charleston Recovery Center Inc reported income of $1.5m and spending of $1.5m, spending 103% of its income. Across the 6 years on record, from December 2017 to December 2023, income grew from $827k to $1.5m (+78%), an average of +12% a year. The sharpest change came in the year to December 2019, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Charleston Recovery Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within SC. Charities of a similar size with the same main cause include Sixth Man Center Inc ($1.5m), Festival Center Inc ($1.5m) and Abilene Boys Ranch Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $323k (21% of expenses). Other salaries and wages came to $179k. At year end it held assets of $569k against liabilities of $252k, net assets of $317k. It reported 8 employees.