Armenian Nursing and Rehabilitation Center Inc

Analysis

Armenian Nursing and Rehabilitation Center Inc is a registered charity in United States, based in Jamaica Plain, MA. It received its IRS tax-exemption ruling in December 1952, 74 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, Armenian Nursing and Rehabilitation Center Inc reported income of $10.6m and spending of $10.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.2m to $10.6m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Armenian Nursing and Rehabilitation Center Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include Medical Services of Kips Bay PC ($10.6m), Wellness Together ($10.6m) and Family Planning Association of Maine Inc ($10.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.7% and program service revenue 90% of the total. Other salaries and wages came to $4.9m. At year end it held assets of $5.1m against liabilities of $3.4m, net assets of $1.7m. It reported 128 employees.