Lrefuah Medical & Rehabilitation Center Inc

Analysis

Lrefuah Medical & Rehabilitation Center Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 2001, 25 years ago. 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), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lrefuah Medical & Rehabilitation Center Inc reported income of $40.5m and spending of $41.1m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $24.9m to $40.5m (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 37%. 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, Lrefuah Medical & Rehabilitation Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include First Choice Community Healthcare Inc ($40.5m), Susan B Allen Memorial Hospital ($40.5m) and Saint Johns Health Center Foundation ($40.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $1.1m (2.7% of expenses). Other salaries and wages came to $21.6m. At year end it held assets of $58.5m against liabilities of $32.1m, net assets of $26.5m. It reported 314 employees.