Midland Childrens Rehabilitation Center Inc

Analysis

Midland Childrens Rehabilitation Center Inc is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in November 1987, 39 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Midland Childrens Rehabilitation Center Inc reported income of $2.3m and spending of $2.8m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $2.3m (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Midland Childrens Rehabilitation Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include West End Clinic Inc ($2.3m), Greenwood House Hospice Services Inc ($2.3m) and Mental Health Association of Greenville County ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $166k (6.0% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $11.4m against liabilities of $205k, net assets of $11.2m. It reported 45 employees.