Latah Recovery Center
Analysis
Latah Recovery Center is a registered charity in United States, based in Moscow, ID. It received its IRS tax-exemption ruling in May 2019, 7 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 September 2023, Latah Recovery Center reported income of $756k and spending of $619k, spending 82% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $209k to $756k (+261%), an average of +38% a year. The sharpest change came in the year to September 2022, when income rose by 140%. Over the whole period it spent 66% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Latah Recovery Center sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within ID. Charities of a similar size with the same main cause include Working Class Acupuncture Inc ($756k), Mental Health California ($756k) and Cinco Charities Inc ($756k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $49k (7.9% of expenses). Other salaries and wages came to $280k. At year end it held assets of $1.0m against liabilities of $199k, net assets of $842k. It reported 17 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Working Class Acupuncture Inc | Portland | $756k |
| Mental Health California | Sacramento | $756k |
| Cinco Charities Inc | Katy | $756k |
| Turning Point Recovery Center of Springfield Vermont | Springfield | $756k |