Villa Maria Nursing & Rehabilitation Center

Analysis

Villa Maria Nursing & Rehabilitation Center is a registered charity in United States, based in North Miami, FL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Villa Maria Nursing & Rehabilitation Center reported income of $41.5m and spending of $45.1m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $51.7m to $41.5m (-20%), an average of -5.4% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Villa Maria Nursing & Rehabilitation Center sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Memorial Hospital Inc ($41.5m), Christiana Care Home Health and Community Services Inc ($41.5m) and Athol Memorial Hospital Incorporated ($41.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Other salaries and wages came to $14.5m. At year end it held assets of $60.5m against liabilities of $35.8m, net assets of $24.8m. It reported 484 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.