Childrens Recovery Center Inc

Analysis

Childrens Recovery Center Inc is a registered charity in United States, based in Myrtle Beach, SC. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Childrens Recovery Center Inc reported income of $1.1m and spending of $749k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $697k to $1.1m (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Recovery Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within SC. Charities of a similar size with the same main cause include Imani Family Center ($1.1m), Proyecto Matria Inc ($1.1m) and Twin Rivers Food Pantry ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $446k. At year end it held assets of $1.9m against liabilities of $43k, net assets of $1.9m. It reported 13 employees.