Chai Lifeline Inc

Analysis

Chai Lifeline Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1991, 35 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, Chai Lifeline Inc reported income of $30.7m and spending of $30.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $23.8m to $30.7m (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chai Lifeline Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include River Hospital Inc ($30.7m), Tandem Health SC ($30.7m) and Bestcare Treatment Services Inc ($30.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 127% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $2.5m (8.3% of expenses). Other salaries and wages came to $9.1m. At year end it held assets of $28.7m against liabilities of $9.6m, net assets of $19.1m. It reported 287 employees.