Addiction Recovery Care Association Inc

Analysis

Addiction Recovery Care Association Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in April 1971, 55 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, Addiction Recovery Care Association Inc reported income of $5.9m and spending of $3.8m, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $5.9m (+49%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Addiction Recovery Care Association Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include Abuse Counseling and Treatment Inc ($5.9m), Master Faster Inc ($5.9m) and Lima-Urban Minority Alcoholism and Drug Abuse Outreach Program Inc ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $145k (3.8% of expenses). At year end it held assets of $10.5m against liabilities of $2.9m, net assets of $7.6m. It reported 86 employees.