Permian Basin Regional Council on Alcohol and Drug Abuse

Analysis

Permian Basin Regional Council on Alcohol and Drug Abuse is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in April 1990, 36 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 August 2023, Permian Basin Regional Council on Alcohol and Drug Abuse reported income of $1.4m and spending of $1.4m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.4m to $1.4m (+5.8%), an average of +1.4% a year. The sharpest change came in the year to August 2022, when income rose by 24%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Permian Basin Regional Council on Alcohol and Drug Abuse sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Virginia Association of Community Services Boards Inc ($1.4m), Heartbeat of Miami Inc ($1.4m) and Focus Forward ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $175k (12% of expenses). Other salaries and wages came to $667k. At year end it held assets of $273k against liabilities of $313k, net assets of -$39k. It reported 28 employees.