Center for Aging and Rehabilitation of Gulf County Inc

Analysis

Center for Aging and Rehabilitation of Gulf County Inc is a registered charity in United States, based in Oakland Park, FL. It received its IRS tax-exemption ruling in December 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Center for Aging and Rehabilitation of Gulf County Inc reported income of $7.0m and spending of $8.2m, spending 117% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $5.0m to $7.0m (+40%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 124% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Center for Aging and Rehabilitation of Gulf County Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Dakota Counseling Institute Inc ($7.0m), Hawaii Organ Procurement Organization ($7.0m) and Amudim Community Resources Inc ($7.0m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $1.9m against liabilities of $4.9m, net assets of -$2.9m.