Sargent Rehabilitation Center Inc

Analysis

Sargent Rehabilitation Center Inc is a registered charity in United States, based in E Greenwich, RI. It received its IRS tax-exemption ruling in October 1955, 71 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Sargent Rehabilitation Center Inc reported income of $10.1m and spending of $7.5m, leaving 26% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $6.3m to $10.1m (+60%), an average of +12% a year. The sharpest change came in the year to August 2021, when income rose by 26%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sargent Rehabilitation Center Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within RI. Charities of a similar size with the same main cause include Symposia Medicus Inc ($10.1m), Faith Baptist Bible College ($10.1m) and South Bronx Community Charter High School ($10.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $615k (8.2% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $21.3m against liabilities of $2.0m, net assets of $19.3m. It reported 155 employees.