Cortez Addictions Recovery Service

Analysis

Cortez Addictions Recovery Service is a registered charity in United States, based in Cortez, CO. It received its IRS tax-exemption ruling in July 1993, 33 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Cortez Addictions Recovery Service reported income of $238k and spending of $189k, leaving 20% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $559k to $238k (-58%), an average of -16% a year. The sharpest change came in the year to June 2024, when income dropped by 61%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cortez Addictions Recovery Service sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CO. Charities of a similar size with the same main cause include Wellness Within ($238k), Equestrian Aid Foundation Inc ($238k) and Seads of Love ($238k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.5% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $3,312 (1.7% of expenses). Other salaries and wages came to $94k. At year end it held assets of $48k against liabilities of $0, net assets of $48k. It reported 17 employees.