Cattaraugus County Rehabilitation Center Inc

Analysis

Cattaraugus County Rehabilitation Center Inc is a registered charity in United States, based in Olean, NY. It received its IRS tax-exemption ruling in February 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Cattaraugus County Rehabilitation Center Inc reported income of $32.5m and spending of $33.4m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $26.0m to $32.5m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cattaraugus County 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 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Innocence Project Inc ($32.5m), Koinonia Homes Inc ($32.5m) and Community Outreach Center Inc ($32.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $850k (2.5% of expenses). Other salaries and wages came to $21.6m. At year end it held assets of $14.3m against liabilities of $4.1m, net assets of $10.2m. It reported 605 employees.