Futures Rehabilitation Center Inc

Analysis

Futures Rehabilitation Center Inc is a registered charity in United States, based in Bradford, PA. It received its IRS tax-exemption ruling in June 1970, 56 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 June 2023, Futures Rehabilitation Center Inc reported income of $4.7m and spending of $3.7m, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.4m to $4.7m (+39%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Futures Rehabilitation Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Hampden County Career Center Inc ($4.7m), Southwest Michigan Community Action Agency ($4.7m) and Opencape Corporation ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $115k (3.1% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $7.5m against liabilities of $1.3m, net assets of $6.2m. It reported 114 employees.