Bishop Wicke Health and Rehabilitation Center Inc

Analysis

Bishop Wicke Health and Rehabilitation Center Inc is a registered charity in United States, based in Shelton, CT. It received its IRS tax-exemption ruling in December 1965, 61 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 September 2023, Bishop Wicke Health and Rehabilitation Center Inc reported income of $12.0m and spending of $13.9m, spending 116% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $14.5m to $12.0m (-17%), an average of -4.6% a year. The sharpest change came in the year to September 2020, when income dropped by 21%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bishop Wicke Health and Rehabilitation Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within CT. Charities of a similar size with the same main cause include Community Healthnet Inc ($12.0m), Shriver Nursing Services Inc ($12.0m) and Wallowa Valley Center for Wellness ($12.0m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $285k (2.1% of expenses). Other salaries and wages came to $6.7m. At year end it held assets of $6.2m against liabilities of $15.0m, net assets of -$8.8m. It reported 230 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.