Recovery Council of Southeast Texas

Analysis

Recovery Council of Southeast Texas is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in July 1969, 57 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 August 2023, Recovery Council of Southeast Texas reported income of $2.7m and spending of $2.6m, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.0m to $2.7m (+31%), an average of +7.0% a year. The sharpest change came in the year to August 2020, when income rose by 64%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Recovery Council of Southeast Texas 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 91st percentile within TX. Charities of a similar size with the same main cause include Winona O R C Industries Inc ($2.7m), Minnesota Association of Townships ($2.7m) and Pop Warner Little Scholars Inc ($2.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $107k (4.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.7m against liabilities of $1.4m, net assets of $2.2m. It reported 46 employees.