Alcoholism & Addiction Assistance Association Inc

Analysis

Alcoholism & Addiction Assistance Association Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 1975, 51 years ago. 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, Alcoholism & Addiction Assistance Association Inc reported income of $559k and spending of $742k, spending 133% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $557k to $559k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to June 2024, when income dropped by 32%. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alcoholism & Addiction Assistance Association Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within AZ. Charities of a similar size with the same main cause include Little League Baseball Inc ($559k), Ohio Cpa Foundation ($559k) and YMCA of the Northern Sky Foundation ($558k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.4% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $92k (12% of expenses). Other salaries and wages came to $210k. At year end it held assets of $1.6m against liabilities of $4,708, net assets of $1.6m. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.