Powell Recovery Center Inc

Analysis

Powell Recovery Center Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Powell Recovery Center Inc reported income of $17.0m and spending of $14.7m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.3m to $17.0m (+4.0%), an average of +1.0% a year. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Powell Recovery Center 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 97th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include Lakeview Health Services Inc ($17.0m), Advancium Health Network Inc ($17.0m) and Saint Michaels Clinics Inc ($17.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $677k (4.6% of expenses). Other salaries and wages came to $9.1m. At year end it held assets of $22.2m against liabilities of $5.9m, net assets of $16.4m. It reported 279 employees.