Rehabilitation Center Therapeutic Solutions for Children and Adults

Analysis

Rehabilitation Center Therapeutic Solutions for Children and Adults is a registered charity in United States, based in Sherman, TX. It received its IRS tax-exemption ruling in August 1958, 68 years ago. 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 2022, Rehabilitation Center Therapeutic Solutions for Children and Adults reported income of $840k and spending of $809k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $510k to $840k (+65%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rehabilitation Center Therapeutic Solutions for Children and Adults sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Pharmacy of Grace Inc ($839k), Boy Scouts of America ($840k) and Florida Symphony Youth Orchestra Inc ($839k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 29% and program service revenue 67% of the total. Other salaries and wages came to $591k. At year end it held assets of $844k against liabilities of $29k, net assets of $815k. It reported 18 employees.