Capital Health Life Inc

Analysis

Capital Health Life Inc is a registered charity in United States, based in Bordentown, NJ. It received its IRS tax-exemption ruling in January 1988, 38 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Capital Health Life Inc reported income of $15.3m and spending of $11.9m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $30.7m to $15.3m (-50%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 50%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Capital Health Life Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Duke Integrated Network Inc ($15.3m), Janus of Santa Cruz ($15.3m) and Academic Physicians Insurancecompany ($15.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $2.9m. At year end it held assets of $3.2m against liabilities of $2.8m, net assets of $422k.