Cheney Golden Age Home Inc

Analysis

Cheney Golden Age Home Inc is a registered charity in United States, based in Cheney, KS. It received its IRS tax-exemption ruling in November 1981, 45 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 August 2023, Cheney Golden Age Home Inc reported income of $4.3m and spending of $4.2m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.8m to $4.3m (+14%), an average of +3.4% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cheney Golden Age Home Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within KS. Charities of a similar size with the same main cause include Clinical Directors Network Inc ($4.3m), Saint Francis Childrens Center Inc ($4.3m) and Milwaukee Regional Medical Center Water Service Inc ($4.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 8.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $148k (3.5% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $1.5m against liabilities of $256k, net assets of $1.2m. It reported 139 employees.