Specialized Training for Adult Rehabilitation Inc

Analysis

Specialized Training for Adult Rehabilitation Inc is a registered charity in United States, based in Murphysboro, IL. It received its IRS tax-exemption ruling in April 1969, 57 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 (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 2024, Specialized Training for Adult Rehabilitation Inc reported income of $6.1m and spending of $6.0m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.2m to $6.1m (+45%), an average of +7.7% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Specialized Training for Adult Rehabilitation Inc 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 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Operating Engineers Local 513 Journeymen & Appren Training Fund ($6.1m), Starry Inc ($6.1m) and West Central Job Partnership ($6.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $171k (2.9% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $5.8m against liabilities of $368k, net assets of $5.4m. It reported 175 employees.