Van Ness Recovery House

Analysis

Van Ness Recovery House is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 1977, 49 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, Van Ness Recovery House reported income of $2.0m and spending of $1.9m, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.3m to $2.0m (+60%), an average of +9.8% a year. The sharpest change came in the year to June 2020, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Van Ness Recovery House sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Naval Submarine League ($2.0m), Chinese Community Concerns Corporation Chinatown Head Start ($2.0m) and Girls Incorporated of Worcester ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $132k (6.9% of expenses). Other salaries and wages came to $499k. It paid $27k in professional fundraising fees. At year end it held assets of $896k against liabilities of $282k, net assets of $614k. It reported 9 employees.