Centers for Aging and Rehabilitation of Florida Inc

Analysis

Centers for Aging and Rehabilitation of Florida Inc is a registered charity in United States, based in Oakland Park, FL. It received its IRS tax-exemption ruling in February 2022, 4 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 2022, Centers for Aging and Rehabilitation of Florida Inc reported income of $373k and spending of $111k, leaving 70% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $90k to $373k (+315%), an average of +104% a year. The sharpest change came in the year to December 2022, when income rose by 2172%. Over the whole period it spent 27% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Centers for Aging and Rehabilitation of Florida Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Emmitsburg Osteopathic Primary Care Center Inc ($373k), Drug Free Idaho Inc ($373k) and Hope Grows ($373k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 80% and program service revenue 20% of the total. At year end it held assets of $1.5m against liabilities of $1.2m, net assets of $369k.