Sarasota Addiction Recovery Assistance Inc

Analysis

Sarasota Addiction Recovery Assistance Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in May 2018, 8 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 December 2023, Sarasota Addiction Recovery Assistance Inc reported income of $428k and spending of $334k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $300k to $428k (+43%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sarasota Addiction Recovery Assistance Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Kansas City Medical Society Foundation ($428k), Child Life Society Inc ($428k) and Ascent Recovery Residences Inc ($428k).

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 $54k (16% of expenses). Other salaries and wages came to $63k. At year end it held assets of $224k against liabilities of $184k, net assets of $40k. It reported 2 employees.