Progressive Adult Rehabilitation Center Incorporated

Analysis

Progressive Adult Rehabilitation Center Incorporated is a registered charity in United States, based in Petersburg, VA. It received its IRS tax-exemption ruling in February 1981, 45 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 June 2023, Progressive Adult Rehabilitation Center Incorporated reported income of $1.7m and spending of $1.6m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.6m to $1.7m (+0.7%), an average of +0.2% a year. The sharpest change came in the year to June 2021, when income dropped by 16%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Progressive Adult Rehabilitation Center Incorporated sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include Comcast Spectacor Charities ($1.7m), Big Brothers-Big Sisters of El Paso Inc ($1.7m) and Trustees of Purdue University ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $94k (5.9% of expenses). At year end it held assets of $1.3m against liabilities of $111k, net assets of $1.2m. It reported 46 employees.