Rose-Mary the Johanna Grasselli Rehabilitation & Education Center

Analysis

Rose-Mary the Johanna Grasselli Rehabilitation & Education Center is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Rose-Mary the Johanna Grasselli Rehabilitation & Education Center reported income of $17.5m and spending of $14.8m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.9m to $17.5m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rose-Mary the Johanna Grasselli Rehabilitation & Education Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Selfhelp Home Inc ($17.5m), The Society of St Vincent de Paul in the Archdiocese of Detroit ($17.5m) and Clayton Child Care Inc ($17.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $739k (5.0% of expenses). Other salaries and wages came to $8.5m. At year end it held assets of $8.7m against liabilities of $1.1m, net assets of $7.5m. It reported 290 employees.