Brooks Rehabilitation Clinical Research Center Inc

Analysis

Brooks Rehabilitation Clinical Research Center Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in December 2021, 5 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 December 2023, Brooks Rehabilitation Clinical Research Center Inc reported income of $2.7m and spending of $2.8m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.7m (+62%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brooks Rehabilitation Clinical Research Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Cochise Private Industry Council ($2.7m), Friendly House of Davenport Iowa ($2.7m) and Aurora Public Schools Foundation ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 45% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $1.3m against liabilities of $1.4m, net assets of -$136k. It reported 29 employees.