Chronic Liver Disease Foundation Inc

Analysis

Chronic Liver Disease Foundation Inc is a registered charity in United States, based in Holmdel, NJ. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chronic Liver Disease Foundation Inc reported income of $2.2m and spending of $2.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.0m to $2.2m (-68%), an average of -25% a year. The sharpest change came in the year to December 2021, when income dropped by 33%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chronic Liver Disease Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Bailey Charter Elementary School ($2.2m), Ag One ($2.2m) and Smart Start of Transylvania County ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $515k against liabilities of $512k, net assets of $3,867.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.