Center for Healthcare Innovation

Analysis

Center for Healthcare Innovation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2012, 14 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, Center for Healthcare Innovation reported income of $251k and spending of $207k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $228k to $251k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 151%. 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, Center for Healthcare Innovation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Be Herd Foundation ($251k), Joi Life Foundation Inc ($251k) and Contact of Ocean and Monmouth Counties ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $96k (47% of expenses). Other salaries and wages came to $17k. At year end it held assets of $155k against liabilities of $0, net assets of $155k. It reported 1 employees.