Secure Rehabilitation and Vocational Enterprises Inc

Analysis

Secure Rehabilitation and Vocational Enterprises Inc is a registered charity in United States, based in Monroeton, PA. It received its IRS tax-exemption ruling in February 1974, 52 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Secure Rehabilitation and Vocational Enterprises Inc reported income of $2.4m and spending of $2.0m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.4m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Secure Rehabilitation and Vocational Enterprises Inc 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 87th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Buckingham Community Services Inc ($2.4m), Community Lift Corp ($2.4m) and Animal Humane Society Veterinary Centers PC ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $225k (11% of expenses). Other salaries and wages came to $883k. At year end it held assets of $1.2m against liabilities of $141k, net assets of $1.0m. It reported 44 employees.