Katherine Luther Residential Healthcare & Rehabilitation Center Inc
Katherine Luther Residential Healthcare & Rehabilitation Center Inc. shows consistent operations with recent deficits and no reported officer compensation.
EIN: 208029261 · Clinton, NY · NTEE: E50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $19.7M |
| Total Expenses | $18.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $-857,257 |
| Transparency Score | 75/100 |
Is Katherine Luther Residential Healthcare & Rehabilitation Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Katherine Luther Residential Healthcare & Rehabilitation Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Katherine Luther Residential Healthcare & Rehabilitation Center Inc
Katherine Luther Residential Healthcare & Rehabilitation Center Inc (EIN: 208029261) is a nonprofit organization based in Clinton, NY, classified under NTEE code E50. The organization reported total revenue of $19.7M and total assets of $9.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Katherine Luther Residential Healthcare & Rehabilitation Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Katherine Luther Residential Healthcare & Rehabilitation Center Inc is a large nonprofit that has been operating for 11 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.8M |
| Total Expenses | $18.7M |
| Surplus / Deficit | $-901,709 |
| Total Assets | $8.8M |
| Total Liabilities | $9.6M |
| Net Assets | $-857,257 |
| Operating Margin | -5.1% |
| Debt-to-Asset Ratio | 109.8% |
| Months of Reserves | 5.6 months |
Financial Health Grade: C
In 2023, Katherine Luther Residential Healthcare & Rehabilitation Center Inc reported a deficit of $902K with expenses exceeding revenue, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 109.8% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Katherine Luther Residential Healthcare & Rehabilitation Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.7% | +10.2% | +2.9% |
| 2022 | -22.3% | -16.0% | -28.2% |
| 2021 | -2.0% | -9.1% | -4.3% |
| 2020 | -12.4% | -13.2% | +16.6% |
| 2019 | -3.3% | +1.1% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Katherine Luther Residential Healthcare & Rehabilitation Center Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Katherine Luther Residential Healthcare & Rehabilitation Center Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $902K, with expenses exceeding revenue.
- Debt-to-asset ratio: 109.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid, compensated through a related entity, or that the compensation is not categorized under 'officer compensation' on the 990 form. This is unusual for an organization with annual revenues approaching $20 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Katherine Luther Residential Healthcare & Rehabilitation Center Inc's IRS 990 filings:
- Consistent reporting of 0% officer compensation, which is unusual for an organization of this scale.
- Expenses exceeding revenue in recent fiscal periods (e.g., 2023, 2022, 2020), indicating potential operational deficits.
- Liabilities frequently approaching or exceeding total assets, suggesting a potentially leveraged financial position (e.g., 2023 liabilities of $9,611,083 vs. assets of $8,753,826).
Strengths
The following positive indicators were identified for Katherine Luther Residential Healthcare & Rehabilitation Center Inc:
- Consistent filing of IRS Form 990s over many years, demonstrating transparency and compliance.
- Focus on program services, as is typical for healthcare providers, with no reported officer compensation suggesting resources are directed to the mission.
- Long operational history with consistent revenue streams, indicating established services in the community.
Frequently Asked Questions about Katherine Luther Residential Healthcare & Rehabilitation Center Inc
Is Katherine Luther Residential Healthcare & Rehabilitation Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Katherine Luther Residential Healthcare & Rehabilitation Center Inc (EIN: 208029261) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Katherine Luther Residential Healthcare & Rehabilitation Center Inc spend its money?
Katherine Luther Residential Healthcare & Rehabilitation Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Katherine Luther Residential Healthcare & Rehabilitation Center Inc tax-deductible?
Katherine Luther Residential Healthcare & Rehabilitation Center Inc is registered as a tax-exempt nonprofit (EIN: 208029261). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Katherine Luther Residential Healthcare & Rehabilitation Center Inc CEO make?
Katherine Luther Residential Healthcare & Rehabilitation Center Inc's highest-compensated officer earns $20 annually. The organization reported $19.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Katherine Luther Residential Healthcare & Rehabilitation Center Inc's spending goes to programs?
Katherine Luther Residential Healthcare & Rehabilitation Center Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Katherine Luther Residential Healthcare & Rehabilitation Center Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Katherine Luther Residential Healthcare & Rehabilitation Center Inc is above average for NTEE category E50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Katherine Luther Residential Healthcare & Rehabilitation Center Inc located?
Katherine Luther Residential Healthcare & Rehabilitation Center Inc is headquartered in Clinton, New York and files with the IRS under EIN 208029261. It is classified under NTEE code E50.
How many years of IRS 990 filings does Katherine Luther Residential Healthcare & Rehabilitation Center Inc have?
Katherine Luther Residential Healthcare & Rehabilitation Center Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $19.7M in total revenue.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size and could indicate that executives are compensated through a related entity, are volunteers, or that compensation is reported in a different section of the 990.
What is the detailed breakdown of functional expenses?
Without the detailed functional expense breakdown from the 990, it's difficult to precisely determine the exact percentages allocated to program services, administrative costs, and fundraising efforts beyond general estimates.
What is the cause of the recent trend where expenses exceed revenue?
In 2023, expenses ($18,698,916) exceeded revenue ($17,797,207), and similar trends are seen in 2022 and 2020. Understanding the specific reasons for these deficits is crucial for assessing long-term financial sustainability.
How are the significant liabilities being managed?
The organization has consistently high liabilities, sometimes exceeding assets (e.g., $9,611,083 in liabilities vs. $8,753,826 in assets in 2023). A clear understanding of the nature and management of these liabilities is important.
Filing History
IRS 990 filing history for Katherine Luther Residential Healthcare & Rehabilitation Center Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Katherine Luther Residential Healthcare & Rehabilitation Center Inc's revenue has declined by 11.1%, moving from $20.0M to $17.8M. Total assets decreased by 28.8% over the same period, from $12.3M to $8.8M. Total functional expenses fell by 14.8%, from $22.0M to $18.7M. In its most recent filing year (2023), Katherine Luther Residential Healthcare & Rehabilitation Center Inc reported a deficit of $902K, with expenses exceeding revenue. The organization holds $9.6M in liabilities against $8.8M in assets (debt-to-asset ratio: 109.8%), resulting in net assets of $-857,257.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.8M | $18.7M | $8.8M | $9.6M | — | — |
| 2022 | $16.2M | $17.0M | $8.5M | $8.5M | — | View 990 |
| 2021 | $20.9M | $20.2M | $11.8M | $11.3M | — | View 990 |
| 2020 | $21.3M | $22.2M | $12.4M | $12.6M | — | View 990 |
| 2019 | $24.3M | $25.6M | $10.6M | $9.9M | — | View 990 |
| 2018 | $25.2M | $25.3M | $11.0M | $9.0M | — | View 990 |
| 2017 | $24.3M | $23.6M | $11.5M | $9.4M | — | View 990 |
| 2015 | $24.4M | $21.6M | $10.4M | $11.0M | — | View 990 |
| 2014 | $22.1M | $21.2M | $10.7M | $14.0M | — | View 990 |
| 2013 | $21.2M | $20.5M | $10.0M | $14.2M | — | View 990 |
| 2012 | $21.0M | $20.5M | $10.2M | $15.0M | — | View 990 |
| 2011 | $20.0M | $22.0M | $12.3M | $17.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.8M, expenses of $18.7M, and assets of $8.8M (revenue +9.7% year-over-year).
- 2022: Revenue of $16.2M, expenses of $17.0M, and assets of $8.5M (revenue -22.3% year-over-year).
- 2021: Revenue of $20.9M, expenses of $20.2M, and assets of $11.8M (revenue -2.0% year-over-year).
- 2020: Revenue of $21.3M, expenses of $22.2M, and assets of $12.4M (revenue -12.4% year-over-year).
- 2019: Revenue of $24.3M, expenses of $25.6M, and assets of $10.6M (revenue -3.3% year-over-year).
- 2018: Revenue of $25.2M, expenses of $25.3M, and assets of $11.0M (revenue +3.6% year-over-year).
- 2017: Revenue of $24.3M, expenses of $23.6M, and assets of $11.5M (revenue -0.3% year-over-year).
- 2015: Revenue of $24.4M, expenses of $21.6M, and assets of $10.4M (revenue +10.1% year-over-year).
- 2014: Revenue of $22.1M, expenses of $21.2M, and assets of $10.7M (revenue +4.6% year-over-year).
- 2013: Revenue of $21.2M, expenses of $20.5M, and assets of $10.0M (revenue +0.6% year-over-year).
- 2012: Revenue of $21.0M, expenses of $20.5M, and assets of $10.2M (revenue +5.1% year-over-year).
- 2011: Revenue of $20.0M, expenses of $22.0M, and assets of $12.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Katherine Luther Residential Healthcare & Rehabilitation Center Inc:
Data Sources and Methodology
This transparency report for Katherine Luther Residential Healthcare & Rehabilitation Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.