Las Animas County Rehabilitation Center Inc

Analysis

Las Animas County Rehabilitation Center Inc is a registered charity in United States, based in Trinidad, CO. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Las Animas County Rehabilitation Center Inc reported income of $31.6m and spending of $31.3m, spending 99% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $26.9m to $31.6m (+17%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Las Animas County Rehabilitation Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include Lakes Region Community Services Council ($31.6m), Rolling Plains Management Corporation of Baylor Cottle Foard ($31.6m) and Citymeals-On-Wheels ($31.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.9% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $198k (0.6% of expenses). Other salaries and wages came to $20.7m. At year end it held assets of $9.6m against liabilities of $1.5m, net assets of $8.1m. It reported 246 employees.