Regional Addicition Prevention Inc

Analysis

Regional Addicition Prevention Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1970, 56 years ago. 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 December 2023, Regional Addicition Prevention Inc reported income of $2.5m and spending of $7.7m, spending 311% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $2.5m (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 170% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Regional Addicition Prevention Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 70th percentile within DC. Charities of a similar size with the same main cause include Hairy Cell Leukemia Foundation ($2.5m), Legal Services of North Dakota ($2.5m) and Three Rivers Mothers Milk Bank ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $98k (1.3% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $7.9m against liabilities of $29.4m, net assets of -$21.5m. It reported 86 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.