Chop Clinical Associates Inc

Analysis

Chop Clinical Associates Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 2001, 25 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, Chop Clinical Associates Inc reported income of $24.5m and spending of $27.8m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.8m to $24.5m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chop Clinical Associates Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Nemaha Valley Community Hospital ($24.5m), Morehouse Healthcare Inc ($24.5m) and Orthopaedic Institute for Children Foundation ($24.4m).

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 $15.8m. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.

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.