SCHC Companies Inc

Analysis

SCHC Companies Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in August 1992, 34 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 December 2023, SCHC Companies Inc reported income of $398k and spending of $516k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $398k to $398k (+0.0%), an average of +0.0% a year. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, SCHC Companies Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Association of Professors of Dermatology ($398k), East End Intensive Outpatient Inc ($398k) and Anderson Life Crisis Pregnancy Center Inc ($398k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $894k against liabilities of $0, net assets of $894k.

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.