Austin Recovery Inc
Analysis
Austin Recovery Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 1969, 57 years ago. Its declared purposes cover health care, 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 August 2022, Austin Recovery Inc reported income of $4.5m and spending of $1.8m, leaving 59% of income unspent that year. Across the 4 years on record, from August 2019 to August 2022, income fell from $6.7m to $4.5m (-33%), an average of -12% a year. The sharpest change came in the year to August 2021, when income dropped by 44%. Over the whole period it spent 97% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Austin Recovery Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Primary Care Services ($4.5m), Caldwell Memorial Hospital Foundation Inc ($4.5m) and Clay-Battelle Health Services Association ($4.5m).
On its Form 990 for the period ending August 2022, revenue came from contributions and grants 30% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $102k (5.5% of expenses). Other salaries and wages came to $743k. At year end it held assets of $3.8m against liabilities of $111k, net assets of $3.7m. It reported 72 employees.
Income and spending
Where the income comes from
- Contributions & grants 30%
- Program services 7.7%
- Other 62%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Primary Care Services | Meadville | $4.5m |
| Caldwell Memorial Hospital Foundation Inc | Lenoir | $4.5m |
| Clay-Battelle Health Services Association | Blacksville | $4.5m |
| Salem Hospital Inc | Hillsboro | $4.5m |