Center for Addiction Treatment Inc

Analysis

Center for Addiction Treatment Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 1971, 55 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, Center for Addiction Treatment Inc reported income of $8.1m and spending of $8.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.1m to $8.1m (-0.5%), an average of -0.1% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Addiction Treatment Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include Carolina Community Care Inc ($8.1m), Lifeline Christian Mission ($8.1m) and Butler Behavioral Health Services Inc ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.8% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $605k (7.5% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $11.2m against liabilities of $1.1m, net assets of $10.1m. It reported 134 employees.