Schaefer Rehabilitation Center Inc

Analysis

Schaefer Rehabilitation Center Inc is a registered charity in United States, based in Evans, CO. It received its IRS tax-exemption ruling in April 1953, 73 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Schaefer Rehabilitation Center Inc reported income of $2.2m and spending of $2.5m, spending 111% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.6m to $2.2m (-14%), an average of -3.0% a year. The sharpest change came in the year to June 2020, when income rose by 34%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Schaefer Rehabilitation Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Colorstack ($2.2m), Rutherford Lifeservices Inc ($2.2m) and Toolbank USA Inc ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $101k (4.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.8m against liabilities of $303k, net assets of $3.5m. It reported 96 employees.