Multicare Rehabilitation Specialists PC

Analysis

Multicare Rehabilitation Specialists PC is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in October 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Multicare Rehabilitation Specialists PC reported income of $1.1m and spending of $284, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $738k to $1.1m (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 276%. Over the whole period it spent 0.0% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Multicare Rehabilitation Specialists PC sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within WA. Charities of a similar size with the same main cause include Brain Injury Association of Nebraska Inc ($1.1m), Tower Industry Family Support Charitable Foundation ($1.1m) and Extraordinary Youth Program ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 252% of the total. At year end it held assets of $11.2m against liabilities of $77, net assets of $11.2m.