Chemical Addictions Recovery Effort Inc

Analysis

Chemical Addictions Recovery Effort Inc is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in April 1976, 50 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, Chemical Addictions Recovery Effort Inc reported income of $8.6m and spending of $8.6m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.9m to $8.6m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2020, when income rose by 54%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chemical Addictions Recovery Effort Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Providence Health Services Inc ($8.6m), Well Care Community Health Inc ($8.6m) and Harbors Home Health & Hospice ($8.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $11.9m against liabilities of $1.9m, net assets of $10.0m.