Health Care and Rehabilitation Services of Southeastern Vermont I

Analysis

Health Care and Rehabilitation Services of Southeastern Vermont I is a registered charity in United States, based in Springfield, VT. It received its IRS tax-exemption ruling in November 1969, 57 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, Health Care and Rehabilitation Services of Southeastern Vermont I reported income of $58.2m and spending of $57.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $45.3m to $58.2m (+28%), an average of +6.5% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Care and Rehabilitation Services of Southeastern Vermont I sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within VT. Charities of a similar size with the same main cause include Hackley School ($58.2m), Lifecare Medical Center ($58.3m) and Ut Le Bonheur Pediatric Specialists Inc ($58.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $755k (1.3% of expenses). Other salaries and wages came to $27.2m. At year end it held assets of $22.4m against liabilities of $12.4m, net assets of $10.0m. It reported 629 employees.