Magee Rehabilitation Hospital Foundation

Analysis

Magee Rehabilitation Hospital Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 1999, 27 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Magee Rehabilitation Hospital Foundation reported income of $4.0m and spending of $4.5m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.7m to $4.0m (-41%), an average of -12% a year. The sharpest change came in the year to June 2021, when income rose by 172%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Magee Rehabilitation Hospital Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Counseling and Recovery Center Inc ($4.0m), Florida Christian Homes Senior Housing Inc ($4.0m) and Save a Warrior Inc ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% of the total. Other salaries and wages came to $522k. At year end it held assets of $57.2m against liabilities of $346k, net assets of $56.8m.