Huntsville Rehabilitation FDN

Analysis

Huntsville Rehabilitation FDN is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in March 1987, 39 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 September 2023, Huntsville Rehabilitation FDN reported income of $60.1m and spending of $56.5m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $43.3m to $60.1m (+39%), an average of +8.5% a year. The sharpest change came in the year to September 2023, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Huntsville Rehabilitation FDN sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within AL. Charities of a similar size with the same main cause include Apprentice & Journeyman TRG TR Fund of So Ca PLMG HTG & Piping Indus ($59.1m), Cambria County Association for the Blind & Handicapped Inc ($60.8m) and Common Ground Management Corporation ($58.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $507k (0.9% of expenses). Other salaries and wages came to $32.7m. At year end it held assets of $55.1m against liabilities of $5.3m, net assets of $49.8m. It reported 1,021 employees.