CHS of Worcester Inc

Analysis

CHS of Worcester Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, CHS of Worcester Inc reported income of $12.0m and spending of $12.7m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.5m to $12.0m (+14%), an average of +3.4% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, CHS of Worcester Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Shriver Nursing Services Inc ($12.0m), Integrated Living Inc ($12.0m) and Bishop Wicke Health and Rehabilitation Center Inc ($12.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $154k (1.2% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $4.2m against liabilities of $2.5m, net assets of $1.7m. It reported 160 employees.

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.