Charter for Charity Inc

Analysis

Charter for Charity Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Charter for Charity Inc reported income of $22.7m and spending of $22.7m, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $16.3m to $22.7m (+39%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Charter for Charity Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Suncoast Center Inc ($22.7m), Curtis V Cooper Primary Health Care Inc ($22.8m) and Pillars Community Health ($22.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $207k against liabilities of $0, net assets of $207k.