J G B Rehabilitation Corp

Analysis

J G B Rehabilitation Corp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1993, 33 years ago. 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 December 2023, J G B Rehabilitation Corp reported income of $15.3m and spending of $15.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.2m to $15.3m (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 200%. Over the whole period it spent 130% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, J G B Rehabilitation Corp 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 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Phi Theta Kappa ($15.3m), Arc of New Jersey Inc ($15.3m) and Shared Magnetic Resonance Imaging Facility Inc ($15.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $888k (5.7% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $4.5m against liabilities of $109.1m, net assets of -$104.6m.