Golden State Recuperative Care Inc

Analysis

Golden State Recuperative Care Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover health care, 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 December 2023, Golden State Recuperative Care Inc reported income of $1.9m and spending of $1.7m, spending 89% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $388k to $1.9m (+393%), an average of +70% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Golden State Recuperative Care Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Arista Center for Psychotherapy Inc ($1.9m), Breath of Life Inc ($1.9m) and Harmon Killebrew-Danny Thompson Memorial Cancer Foundation Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $242k (14% of expenses). Other salaries and wages came to $729k. At year end it held assets of $391k against liabilities of $1.0m, net assets of -$619k. It reported 26 employees.