HB Rehabilitative Services Inc

Analysis

HB Rehabilitative Services Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, HB Rehabilitative Services Inc reported income of $5.6m and spending of $3.9m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $5.6m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, HB Rehabilitative Services Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Renewal House Inc ($5.6m), Holyoke Visiting Nurse Association Inc ($5.6m) and Forsyth Medical Center Foundation ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $10.5m against liabilities of $3.0m, net assets of $7.5m.