St Josephs Rehabilitation Center Inc

Analysis

St Josephs Rehabilitation Center Inc is a registered charity in United States, based in Saranac Lake, NY. It received its IRS tax-exemption ruling in August 1975, 51 years ago. 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, St Josephs Rehabilitation Center Inc reported income of $21.9m and spending of $20.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $18.3m to $21.9m (+20%), an average of +4.7% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Josephs Rehabilitation Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include SJB Child Development Centers ($21.9m), Family Centers Inc ($22.0m) and Clifford W Beers Guidance Clinic Incorporated ($21.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $334k (1.7% of expenses). Other salaries and wages came to $9.9m. At year end it held assets of $23.1m against liabilities of $23.1m, net assets of $13k. It reported 246 employees.