Yale University Retiree Health Benefits Coverage TR

Analysis

Yale University Retiree Health Benefits Coverage TR is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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 June 2023, Yale University Retiree Health Benefits Coverage TR reported income of $152.2m and spending of $47.9m, leaving 69% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $63.7m to $152.2m (+139%), an average of +24% a year. The sharpest change came in the year to June 2020, when income rose by 41%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yale University Retiree Health Benefits Coverage TR sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CT. Charities of a similar size with the same main cause include National Park Foundation ($151.6m), St Marys University of San Antonio ($152.8m) and Community Day Care Center of Lawrence Inc ($148.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 70% of the total. At year end it held assets of $883.6m against liabilities of $0, net assets of $883.6m.