Chi Health Foundation

Analysis

Chi Health Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Chi Health Foundation reported income of $3.9m and spending of $4.2m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $3.9m (+49%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 58%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chi Health Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within AZ. Charities of a similar size with the same main cause include Permian Basin Womens Resource Center Inc ($3.9m), Independent Medical Alliance Inc ($3.9m) and Voces Latinas Corporation ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $348k (8.3% of expenses). Other salaries and wages came to $327k. At year end it held assets of $45.6m against liabilities of $25.8m, net assets of $19.8m. It reported 7 employees.