River Garden Hebrew Home for the Aged

Analysis

River Garden Hebrew Home for the Aged is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in July 1948, 78 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, River Garden Hebrew Home for the Aged reported income of $26.4m and spending of $29.7m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $25.8m to $26.4m (+2.5%), an average of +0.6% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, River Garden Hebrew Home for the Aged sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Planned Parenthood of Michigan ($26.4m), Max Planck Florida Corporation ($26.4m) and Hills and Dales Child Development Center ($26.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 93% of the total. Other salaries and wages came to $13.7m. At year end it held assets of $20.0m against liabilities of $9.9m, net assets of $10.1m. It reported 426 employees.