Dr Miriam & Sheldon Adelson Clinic Drug Abuse Treatment Research Inc

Analysis

Dr Miriam & Sheldon Adelson Clinic Drug Abuse Treatment Research Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover health care, 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 December 2023, Dr Miriam & Sheldon Adelson Clinic Drug Abuse Treatment Research Inc reported income of $2.0m and spending of $1.9m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.0m (+5.2%), an average of +1.3% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dr Miriam & Sheldon Adelson Clinic Drug Abuse Treatment Research 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 87th percentile within NV. Charities of a similar size with the same main cause include Christina G Smith Community Health Foundation Inc ($2.0m), Umc Foundation Inc ($2.0m) and Gamechanger Charity ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 50% of the total. Other salaries and wages came to $813k. At year end it held assets of $5.5m against liabilities of $138k, net assets of $5.4m. It reported 13 employees.