Friendship Health and Rehab Center Inc

Analysis

Friendship Health and Rehab Center Inc is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in December 1973, 53 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, Friendship Health and Rehab Center Inc reported income of $28.0m and spending of $25.0m, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $22.8m to $28.0m (+23%), an average of +7.1% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friendship Health and Rehab Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within VA. Charities of a similar size with the same main cause include Siouxland Pace Inc ($28.0m), Community Hospital of Bremen Inc ($28.0m) and Oklahoma Proton Foundation ($28.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $11.1m. At year end it held assets of $35.5m against liabilities of $8.8m, net assets of $26.7m. It reported 439 employees.