Rehabilitation Institute Inc

Analysis

Rehabilitation Institute Inc is a registered charity in United States, based in Old Bethpage, NY. It received its IRS tax-exemption ruling in November 1965, 61 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 December 2023, Rehabilitation Institute Inc reported income of $1.2m and spending of $1.0m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.2m (-41%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rehabilitation Institute Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Cornerstone Counseling Center of Chicago Inc ($1.2m), Terry Home a Non-Profit Corporation ($1.2m) and North Suburban Jewish Community Center Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Other salaries and wages came to $365k. At year end it held assets of $2.1m against liabilities of $294k, net assets of $1.8m. It reported 10 employees.