The Council on Alcohol & Drugs Inc

Analysis

The Council on Alcohol & Drugs Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 1970, 56 years ago. 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 September 2023, The Council on Alcohol & Drugs Inc reported income of $5.5m and spending of $5.2m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.3m to $5.5m (+68%), an average of +14% a year. The sharpest change came in the year to September 2022, when income rose by 39%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Council on Alcohol & Drugs Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include Society of St Vincent de Paul Diocesan Council of Dallas Inc ($5.5m), The Marfan Foundation Inc ($5.5m) and Community Build Inc ($5.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $735k (14% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.0m against liabilities of $548k, net assets of $1.4m. It reported 41 employees.