Alcohol & Drug Abuse Council for the Concho Valley

Analysis

Alcohol & Drug Abuse Council for the Concho Valley is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in May 1965, 61 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, Alcohol & Drug Abuse Council for the Concho Valley reported income of $4.3m and spending of $4.2m, spending 97% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.3m to $4.3m (+87%), an average of +17% a year. The sharpest change came in the year to August 2022, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alcohol & Drug Abuse Council for the Concho Valley sits at the 91st percentile: it is larger than about 91% 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 Center for Independent Living of Central Nebraska ($4.3m), Better Government Association Inc ($4.3m) and Center Against Sexual and Family Violence Inc ($4.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 94% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $125k (3.0% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $7.5m against liabilities of $321k, net assets of $7.2m. It reported 122 employees.