Central Valley Recovery Services Inc

Analysis

Central Valley Recovery Services Inc is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in June 1972, 54 years ago. 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, Central Valley Recovery Services Inc reported income of $5.1m and spending of $5.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $5.1m (+65%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 152%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Valley Recovery Services Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Metrowest Legal Services Inc ($5.1m), Faculty Student Assocn of State Univ of Ny at Syracuse Et Al ($5.1m) and Boy Scouts of America ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $101k (2.0% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $3.5m against liabilities of $1.1m, net assets of $2.4m. It reported 60 employees.