Back on Track Addiction & Homeless Support

Analysis

Back on Track Addiction & Homeless Support is a registered charity in United States, based in Hendersonville, NC. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Back on Track Addiction & Homeless Support reported income of $523k and spending of $519k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $270k to $523k (+94%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Back on Track Addiction & Homeless Support sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Innovation Dupage ($523k), Alabama Poverty Project Incorporated ($523k) and Bucks County Association for Retired and Senior Citizens ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. Compensation of current officers, directors and key employees was $76k (15% of expenses). Other salaries and wages came to $95k. At year end it held assets of $2,494 against liabilities of $18k, net assets of -$16k. It reported 20 employees.