Upper Chesapeake Health Foundation Inc

Analysis

Upper Chesapeake Health Foundation Inc is a registered charity in United States, based in Bel Air, MD. It received its IRS tax-exemption ruling in July 1987, 39 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 June 2023, Upper Chesapeake Health Foundation Inc reported income of $7.2m and spending of $6.2m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.4m to $7.2m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2022, when income rose by 101%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Upper Chesapeake Health Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Prisma Health Midlands Foundation ($7.2m), Community Dental ($7.2m) and Brattleboro Mutual Aid Association Inc ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $800k. At year end it held assets of $44.8m against liabilities of $12.5m, net assets of $32.3m.