Hand Rehabilitation Foundation

Analysis

Hand Rehabilitation Foundation is a registered charity in United States, based in Rockledge, PA. It received its IRS tax-exemption ruling in April 1977, 49 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Hand Rehabilitation Foundation reported income of $1.1m and spending of $1.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.1m (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hand Rehabilitation Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Cinema St Louis ($1.1m), Greater Seattle Korean Association ($1.1m) and Winston Salem Theatre Alliance Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $32k (2.8% of expenses). Other salaries and wages came to $85k. At year end it held assets of $1.6m against liabilities of $333k, net assets of $1.3m. It reported 2 employees.