Penfield Addiction Ministries Inc

Analysis

Penfield Addiction Ministries Inc is a registered charity in United States, based in Union Point, GA. It received its IRS tax-exemption ruling in February 1980, 46 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 December 2022, Penfield Addiction Ministries Inc reported income of $2.6m and spending of $3.0m, spending 116% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $2.6m to $2.6m (-2.2%), an average of -0.7% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Penfield Addiction Ministries 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 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include Cooperative Libraries Automated Network ($2.6m), Galveston County Fair and Rodeo Inc ($2.6m) and Vigo County Education Foundation Inc ($2.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 33% and program service revenue 67% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $2.9m against liabilities of $986k, net assets of $1.9m. It reported 43 employees.