NRH Regional Rehab at Olney Inc

Analysis

NRH Regional Rehab at Olney Inc is a registered charity in United States, based in Olney, MD. It received its IRS tax-exemption ruling in June 2002, 24 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 June 2023, NRH Regional Rehab at Olney Inc reported income of $4.0m and spending of $3.6m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.9m to $4.0m (+3.6%), an average of +0.9% a year. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, NRH Regional Rehab at Olney Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MD. Charities of a similar size with the same main cause include Bay Area First Step Inc ($4.0m), Plea ($4.0m) and Cerebral Palsy Foundation Inc ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.5m against liabilities of $1.4m, net assets of $1.1m.