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Salvation Oaks Recovery Community Inc

RegisteredEIN 46-5629015Greenwood, SCHealth and saving lives
Income$1.6m2023-12
Spending$1.7msame year
Spent / received101%5-year average
Size in its cause69th pctHealth and saving lives
Exempt since2014Publicly supported organisat
Employees16latest return

Analysis

Salvation Oaks Recovery Community Inc is a registered charity in United States, based in Greenwood, SC. It received its IRS tax-exemption ruling in October 2014, 12 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, Salvation Oaks Recovery Community Inc reported income of $1.6m and spending of $1.7m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.6m (+9.5%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Salvation Oaks Recovery Community Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within SC. Charities of a similar size with the same main cause include Idaho Immunization Coalition ($1.6m), Aerospace Medical Association ($1.6m) and Unlimited Abilities ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.9% and program service revenue 93% of the total. Other salaries and wages came to $527k. At year end it held assets of $1.1m against liabilities of $690k, net assets of $417k. It reported 16 employees.

Income and spending

$0$436k$872k$1.3m$1.7m2019 Income: $1,489,3022019 Spending: $1,562,41920192020 Income: $1,025,1212020 Spending: $1,199,59120202021 Income: $1,586,3722021 Spending: $1,327,43420212022 Income: $1,683,8392022 Spending: $1,654,06020222023 Income: $1,631,0702023 Spending: $1,743,5992023
IncomeSpending

Where the income comes from

  • Contributions & grants 6.9%
  • Program services 93%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Idaho Immunization CoalitionShoshone$1.6m
Aerospace Medical AssociationAlexandria$1.6m
Unlimited AbilitiesIowa City$1.6m
North by Northeast Community Health CenterPortland$1.6m