Mount Sinai Rehabilitation Hospital Inc

Analysis

Mount Sinai Rehabilitation Hospital Inc is a registered charity in United States, based in Hartford, CT. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3).

In the financial year ending September 2023, Mount Sinai Rehabilitation Hospital Inc reported income of $24.9m and spending of $23.2m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $29.2m to $24.9m (-15%), an average of -3.9% a year. The sharpest change came in the year to September 2022, when income dropped by 17%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mount Sinai Rehabilitation Hospital 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 CT. Charities of a similar size with the same main cause include Hamilton Health Care System Inc ($24.9m), Mental Health America of Dutchess County Inc ($24.9m) and Murtis Taylor Human Services System ($24.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.0% and program service revenue 97% of the total. Other salaries and wages came to $12.3m. At year end it held assets of $48.7m against liabilities of $1.8m, net assets of $46.9m.