Katherine Luther Residential Healthcare & Rehabilitation Center Inc

Analysis

Katherine Luther Residential Healthcare & Rehabilitation Center Inc is a registered charity in United States, based in Clinton, NY. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Katherine Luther Residential Healthcare & Rehabilitation Center Inc reported income of $17.8m and spending of $18.7m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $24.3m to $17.8m (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Katherine Luther Residential Healthcare & Rehabilitation Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Behavioral Health Associates ($17.8m), Southwest Behavioral Care Inc ($17.8m) and Mountain Pacific Quality Health ($17.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $366k (2.0% of expenses). Other salaries and wages came to $10.4m. At year end it held assets of $8.8m against liabilities of $9.6m, net assets of -$857k. It reported 396 employees.