Community Health and Wellness Holdings Inc

Analysis

Community Health and Wellness Holdings Inc is a registered charity in United States, based in Torrington, CT. It received its IRS tax-exemption ruling in June 2013, 13 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Community Health and Wellness Holdings Inc reported income of $87k and spending of $527k, spending 603% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.8m to $87k (-95%), an average of -53% a year. The sharpest change came in the year to September 2020, when income dropped by 85%. Over the whole period it spent 134% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Health and Wellness Holdings Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within CT. Charities of a similar size with the same main cause include South Hero Rescue Inc ($87k), Minimally Invasive Neurosurgical Society ($87k) and Concessions for Christ Inc ($87k).

At year end it held assets of $11.1m against liabilities of $2.6m, net assets of $8.5m.

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.