Jewish Rehabilitation Center for Aged of the North Shore Inc

Analysis

Jewish Rehabilitation Center for Aged of the North Shore Inc is a registered charity in United States, based in Peabody, MA. It received its IRS tax-exemption ruling in May 1947, 79 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Jewish Rehabilitation Center for Aged of the North Shore Inc reported income of $25.6m and spending of $25.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $19.7m to $25.6m (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jewish Rehabilitation Center for Aged of the North Shore Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Moundview Memorial Hospital & Clinics Inc ($25.5m), National Health Foundation ($25.6m) and Heartland Community Health Clinic ($25.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 97% of the total. Other salaries and wages came to $14.0m. At year end it held assets of $29.3m against liabilities of $27.8m, net assets of $1.5m.