Spokane Addiction Recovery Centers Inc

Analysis

Spokane Addiction Recovery Centers Inc is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in April 1967, 59 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 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 June 2023, Spokane Addiction Recovery Centers Inc reported income of $4.3m and spending of $4.4m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $4.3m (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spokane Addiction Recovery Centers Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WA. Charities of a similar size with the same main cause include Mental Health America of Northern Kentucky and Southwest Ohio Inc ($4.3m), Locust Street Resource Center ($4.3m) and Beverlycare ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $238k (5.4% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $8.9m against liabilities of $295k, net assets of $8.6m. It reported 71 employees.