Hattie Ide Chaffee Nursing Home Inc

Analysis

Hattie Ide Chaffee Nursing Home Inc is a registered charity in United States, based in Riverside, RI. It received its IRS tax-exemption ruling in July 1951, 75 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 (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, Hattie Ide Chaffee Nursing Home Inc reported income of $8.2m and spending of $9.5m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.9m to $8.2m (+19%), an average of +4.4% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hattie Ide Chaffee Nursing Home Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within RI. Charities of a similar size with the same main cause include Calvary Fund Inc ($8.2m), Twin Tier Home Health Inc ($8.2m) and Jeffex Inc ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $197k (2.1% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $22.7m against liabilities of $6.9m, net assets of $15.9m. It reported 178 employees.