Darden Rehabilitation Foundation

Analysis

Darden Rehabilitation Foundation is a registered charity in United States, based in Gadsden, AL. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 September 2023, Darden Rehabilitation Foundation reported income of $1.4m and spending of $1.4m, spending 97% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $1.3m to $1.4m (+8.3%), an average of +2.7% a year. The sharpest change came in the year to September 2021, when income rose by 64%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Darden Rehabilitation Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within AL. Charities of a similar size with the same main cause include Columbia Pacific Economic Development District of Oregon ($1.4m), Community Economic Development Center of Southeastern Mass ($1.4m) and Land Reutilization Corporation of the Capital Region ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $69k (4.9% of expenses). At year end it held assets of $3.0m against liabilities of $55k, net assets of $2.9m. It reported 68 employees.