Pyramid Recovery Center

Analysis

Pyramid Recovery Center is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in November 1994, 32 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 2024, Pyramid Recovery Center reported income of $84k and spending of $81k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $60k to $84k (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pyramid Recovery Center sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within TN. Charities of a similar size with the same main cause include Edward Burns Family Charitable Foundation Nonprofit Corp ($84k), Community Ambulance Service ($84k) and Greater Atlanta Dental Foundation Inc ($84k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $29k (35% of expenses). At year end it held assets of $44k against liabilities of $59k, net assets of -$15k. It reported 1 employees.