Center for Addiction Recovery of Henderson Incorporated

Analysis

Center for Addiction Recovery of Henderson Incorporated is a registered charity in United States, based in Henderson, KY. It received its IRS tax-exemption ruling in March 2012, 14 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 June 2023, Center for Addiction Recovery of Henderson Incorporated reported income of $2.8m and spending of $3.0m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $2.8m (+2.2%), an average of +0.5% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Center for Addiction Recovery of Henderson Incorporated sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within KY. Charities of a similar size with the same main cause include University Hospitals of Cleveland Endowment Trust ($2.8m), Dental Connections Inc ($2.8m) and Alder Health Services Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 55% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $3.9m against liabilities of $124k, net assets of $3.8m. It reported 68 employees.