Easter Seal Rehabilitation Center

Analysis

Easter Seal Rehabilitation Center is a registered charity in United States, based in Waterbury, CT. It received its IRS tax-exemption ruling in April 1937, 89 years ago. 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, Easter Seal Rehabilitation Center reported income of $16.8m and spending of $15.5m, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $14.9m to $16.8m (+13%), an average of +3.1% a year. The sharpest change came in the year to August 2021, when income rose by 27%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Easter Seal Rehabilitation Center sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within CT. Charities of a similar size with the same main cause include Pee Dee Community Action Agency ($16.8m), United States Rowing Association ($16.8m) and AIDS Service Association of Pinellas Inc ($16.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 53% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $417k (2.7% of expenses). Other salaries and wages came to $9.3m. At year end it held assets of $50.9m against liabilities of $4.8m, net assets of $46.1m. It reported 268 employees.