Peaceful Meadows Recovery Center Inc

Analysis

Peaceful Meadows Recovery Center Inc is a registered charity in United States, based in Geneva, NY. It received its IRS tax-exemption ruling in June 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2022, Peaceful Meadows Recovery Center Inc reported income of $1.8m and spending of $1.4m, leaving 23% of income unspent that year. Across the 3 years on record, from July 2020 to July 2022, income grew from $2,300 to $1.8m (+77884%), an average of +2693% a year. The sharpest change came in the year to July 2021, when income rose by 44961%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peaceful Meadows Recovery Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Bridging for Tomorrow ($1.8m), Harvest India ($1.8m) and Childrens Oncology Support Fund ($1.8m).

On its Form 990 for the period ending July 2022, revenue came from contributions and grants 8.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $73k (5.3% of expenses). Other salaries and wages came to $717k. At year end it held assets of $1.6m against liabilities of $493k, net assets of $1.1m. It reported 36 employees.