Graniteville House of Recovery

Analysis

Graniteville House of Recovery is a registered charity in United States, based in Sweet Valley, PA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Graniteville House of Recovery reported income of $1.9m and spending of $1.7m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $654k to $1.9m (+185%), an average of +30% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Graniteville House of Recovery sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Boulder County Farmers Market ($1.9m), Food for Families Inc ($1.9m) and Society of St Vincent de Paul Sacred Heart Conference Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $74k (4.5% of expenses). Other salaries and wages came to $814k. At year end it held assets of $320k against liabilities of $116k, net assets of $204k. It reported 36 employees.