Preparatory Rehabilitation for Individual Development & Employmen

Analysis

Preparatory Rehabilitation for Individual Development & Employmen is a registered charity in United States, based in Taunton, MA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2023, Preparatory Rehabilitation for Individual Development & Employmen reported income of $4.9m and spending of $4.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.6m to $4.9m (-12%), an average of -3.1% a year. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Preparatory Rehabilitation for Individual Development & Employmen 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 91st percentile within MA. Charities of a similar size with the same main cause include Somos Mayfair Inc ($4.9m), Civic Center Community Benefit District Inc ($4.9m) and Live Baltimore Home Center Inc ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $113k (2.3% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $2.7m against liabilities of $745k, net assets of $2.0m. It reported 103 employees.