Center for Aging and Rehabilitation of Davenport Inc

Analysis

Center for Aging and Rehabilitation of Davenport Inc is a registered charity in United States, based in Oakland Park, FL. It received its IRS tax-exemption ruling in March 2023, 3 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 Davenport Inc reported income of $5.7m and spending of $6.1m, spending 106% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $3.3m to $5.7m (+71%), an average of +71% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 112% 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 Davenport Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Asian Health & Service Center ($5.7m), Churchill Council on Alcohol and Other Drugs ($5.7m) and Center Industries Company Inc ($5.7m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 99% of the total. At year end it held assets of $1.5m against liabilities of $2.6m, net assets of -$1.1m.