Center for Aging and Rehabilitation of Lake Worth Inc

Analysis

Center for Aging and Rehabilitation of Lake Worth 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 Lake Worth Inc reported income of $5.5m and spending of $5.8m, spending 106% of what it took in. Over the whole period it spent 106% 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 Lake Worth 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 92nd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Boley-Par Inc ($5.5m), Hospice of Lansing Inc ($5.5m) and Grundy Emergency Medical Services Inc ($5.5m).

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 $735k against liabilities of $1.1m, net assets of -$345k.