Santa Fe Recovery Center Inc

Analysis

Santa Fe Recovery Center Inc is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in June 1981, 45 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Santa Fe Recovery Center Inc reported income of $20.0m and spending of $19.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.4m to $20.0m (+171%), an average of +28% a year. The sharpest change came in the year to June 2021, when income rose by 86%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Santa Fe Recovery Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 99th percentile within NM. Charities of a similar size with the same main cause include South Community Inc ($20.0m), Camden Coalition Inc ($20.0m) and Vna Care Management Resources Inc ($19.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $268k (1.4% of expenses). Other salaries and wages came to $11.4m. At year end it held assets of $11.5m against liabilities of $5.4m, net assets of $6.2m. It reported 305 employees.