Chvi Professional Corporation

Analysis

Chvi Professional Corporation is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chvi Professional Corporation reported income of $79.7m and spending of $75.5m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $42.9m to $79.7m (+86%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chvi Professional Corporation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WA. Charities of a similar size with the same main cause include Southwest Health System Inc ($79.6m), Cooperative Healthcare Services Inc ($79.7m) and Menorah Home & Hospital for the Aged & Infirm ($79.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $10.3m (14% of expenses). Other salaries and wages came to $57.4m. At year end it held assets of $32.9m against liabilities of $42.0m, net assets of -$9.1m. It reported 136 employees.