Masonic Center for Health and Rehab Inc

Analysis

Masonic Center for Health and Rehab Inc is a registered charity in United States, based in Dousman, WI. It received its IRS tax-exemption ruling in August 1985, 41 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Masonic Center for Health and Rehab Inc reported income of $7.3m and spending of $9.7m, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.9m to $7.3m (-8.1%), an average of -2.1% a year. The sharpest change came in the year to June 2022, when income dropped by 27%. Over the whole period it spent 130% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Masonic Center for Health and Rehab Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include Blanche Ebert Seaver Trust for Frank R Seaver College ($7.3m), Riordan Clinic Inc ($7.3m) and Action in Community Through Service of Prince William ($7.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Other salaries and wages came to $4.4m. At year end it held assets of $12.4m against liabilities of $29.1m, net assets of -$16.7m. It reported 165 employees.

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.