Holman Recovery Center

Analysis

Holman Recovery Center is a registered charity in United States, based in Arlington, WA. 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 December 2023, Holman Recovery Center reported income of $2.7m and spending of $3.3m, spending 124% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $752k to $2.7m (+258%), an average of +89% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 122% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Holman Recovery Center sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include Health and Medicine Policy Research Group ($2.7m), Charitable Healthcare Network Inc ($2.7m) and Joe Andruzzi Foundation Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $97k (2.9% of expenses). Other salaries and wages came to $964k. At year end it held assets of $170k against liabilities of $1.2m, net assets of -$1.1m. It reported 46 employees.