Vernon Area Rehabilitation Center Inc
Analysis
Vernon Area Rehabilitation Center Inc is a registered charity in United States, based in Viroqua, WI. It received its IRS tax-exemption ruling in July 1977, 49 years ago. 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 December 2023, Vernon Area Rehabilitation Center Inc reported income of $10.9m and spending of $9.9m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.1m to $10.9m (-1.8%), an average of -0.5% a year. Over the whole period it spent 91% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vernon Area Rehabilitation Center Inc 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 95th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Hope Services Hawaii Inc ($10.9m), Urban Ventures Leadership Foundation ($10.9m) and Elk Haven Nursing Home Association ($10.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $289k (2.9% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $16.0m against liabilities of $911k, net assets of $15.1m. It reported 621 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.0%
- Program services 48%
- Other 47%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hope Services Hawaii Inc | Hilo | $10.9m |
| Urban Ventures Leadership Foundation | Minneapolis | $10.9m |
| Elk Haven Nursing Home Association | St Marys | $10.9m |
| Arc-King County | Renton | $10.9m |