Sacred Heart Rehabilitation Center Inc

Analysis

Sacred Heart Rehabilitation Center Inc is a registered charity in United States, based in Richmond, MI. It received its IRS tax-exemption ruling in July 1984, 42 years ago. Its declared purposes cover mental health and crisis intervention, 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 September 2023, Sacred Heart Rehabilitation Center Inc reported income of $29.0m and spending of $27.2m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $19.9m to $29.0m (+45%), an average of +9.8% a year. The sharpest change came in the year to September 2022, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sacred Heart Rehabilitation Center Inc sits at the 91st 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 MI. Charities of a similar size with the same main cause include Carson Valley Childrens Aid ($29.0m), Healthpoint Family Care Inc ($29.0m) and Planned Parenthood Pasadena and San Gabriel Valley Inc ($29.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Other salaries and wages came to $16.5m. At year end it held assets of $19.7m against liabilities of $5.3m, net assets of $14.4m. It reported 408 employees.