Redwood School & Rehabilitation Center Inc

Analysis

Redwood School & Rehabilitation Center Inc is a registered charity in United States, based in Ft Mitchell, KY. It received its IRS tax-exemption ruling in May 1960, 66 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, Redwood School & Rehabilitation Center Inc reported income of $10.9m and spending of $8.1m, leaving 25% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $7.3m to $10.9m (+48%), an average of +8.2% a year. The sharpest change came in the year to December 2023, when income rose by 142%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Redwood School & Rehabilitation Center Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within KY. Charities of a similar size with the same main cause include Childhood Arthritis & Rheumatology Research Alliance ($10.8m), Southern California Alcohol and Drug Programs Inc ($10.9m) and Missouri Family Health Council Inc ($10.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Other salaries and wages came to $5.0m. At year end it held assets of $15.3m against liabilities of $707k, net assets of $14.6m. It reported 239 employees.