Tug Valley Recovery Shelter Association Inc

Analysis

Tug Valley Recovery Shelter Association Inc is a registered charity in United States, based in Williamson, WV. It received its IRS tax-exemption ruling in March 1983, 43 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, Tug Valley Recovery Shelter Association Inc reported income of $688k and spending of $659k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $510k to $688k (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tug Valley Recovery Shelter Association Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within WV. Charities of a similar size with the same main cause include Schenectady Bnai Brith Housing Development Fund Co Inc ($688k), Neighborhood Justice Center Incorporated ($688k) and Arc of Dickinson Inc ($688k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $477k. At year end it held assets of $159k against liabilities of $39k, net assets of $121k. It reported 15 employees.