Lexington-Richland Alcohol & Drug Abuse Council Inc

Analysis

Lexington-Richland Alcohol & Drug Abuse Council Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in August 1969, 57 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, Lexington-Richland Alcohol & Drug Abuse Council Inc reported income of $12.8m and spending of $10.6m, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $10.8m to $12.8m (+19%), an average of +5.9% a year. The sharpest change came in the year to June 2022, when income rose by 15%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lexington-Richland Alcohol & Drug Abuse Council Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within SC. Charities of a similar size with the same main cause include Methodist Services Inc ($12.8m), Ranch Hope-Strang School ($12.8m) and First Choice Services Inc ($12.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $249k (2.4% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $19.0m against liabilities of $11.2m, net assets of $7.8m. It reported 48 employees.