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Copley Health Systems Inc

RegisteredEIN 03-0301457Morrisville, VTHealth and saving lives
Income$1.6m2023-09
Spending$762ksame year
Spent / received30%5-year average
Size in its cause69th pctHealth and saving lives
Exempt since1992Supporting organisation
Employees0latest return

Analysis

Copley Health Systems Inc is a registered charity in United States, based in Morrisville, VT. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Copley Health Systems Inc reported income of $1.6m and spending of $762k, leaving 53% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $1.6m (+54%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 356%. Over the whole period it spent 30% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Copley Health Systems Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within VT. Charities of a similar size with the same main cause include Springside at Seneca Hill Inc ($1.6m), Midland Childrens Rehabilitation Center Fund Inc ($1.6m) and Caring Solutions of Central Georgia Inc ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 76% and program service revenue 0.1% of the total. Other salaries and wages came to $69k. At year end it held assets of $16.6m against liabilities of $298k, net assets of $16.3m.

Income and spending

$0$905k$1.8m$2.7m$3.6m2019 Income: $1,049,7972019 Spending: $581,64820192020 Income: $793,1542020 Spending: $589,42220202021 Income: $3,620,7202021 Spending: $444,16620212022 Income: $2,489,5132022 Spending: $521,30920222023 Income: $1,619,7442023 Spending: $762,4532023
IncomeSpending

Where the income comes from

  • Contributions & grants 76%
  • Program services 0.1%
  • Other 24%

Similar-sized charities, same cause

CharityLocationIncome
Springside at Seneca Hill IncOswego$1.6m
Midland Childrens Rehabilitation Center Fund IncMidland$1.6m
Caring Solutions of Central Georgia IncMacon$1.6m
Womens Auxiliary to the Childrens Medical CenterDallas$1.6m