The Milwaukee Rehabilitation Center Inc

Analysis

The Milwaukee Rehabilitation Center Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in July 1980, 46 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Milwaukee Rehabilitation Center Inc reported income of $837k and spending of $900k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $915k to $837k (-8.5%), an average of -2.2% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Milwaukee Rehabilitation Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WI. Charities of a similar size with the same main cause include Western Pocono Community Library ($837k), Virginia Waring International Piano Competition ($837k) and Ibew Local Union 456 Electrical Joint Apprenticeship & Training FD ($837k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $500k. At year end it held assets of $5.6m against liabilities of $675k, net assets of $4.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.