Great Lakes Recovery Centers Inc

Analysis

Great Lakes Recovery Centers Inc is a registered charity in United States, based in Negaunee, MI. It received its IRS tax-exemption ruling in November 1983, 43 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 September 2023, Great Lakes Recovery Centers Inc reported income of $13.1m and spending of $11.2m, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $7.8m to $13.1m (+68%), an average of +14% a year. The sharpest change came in the year to September 2022, when income rose by 18%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Great Lakes Recovery Centers Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MI. Charities of a similar size with the same main cause include Family Counseling Services of Cortland County Inc ($13.1m), Twin Cedars Youth and Family Services Inc ($13.1m) and Treasure Coast Health Council Inc ($13.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 28% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $270k (2.4% of expenses). Other salaries and wages came to $6.8m. It paid $70k in professional fundraising fees. At year end it held assets of $10.0m against liabilities of $4.4m, net assets of $5.6m. It reported 288 employees.