Christiana Care Health System Inc

Analysis

Christiana Care Health System Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in June 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Christiana Care Health System Inc reported income of $1.9m and spending of $2.9m, spending 148% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.8m to $1.9m (-48%), an average of -15% a year. The sharpest change came in the year to June 2023, when income rose by 192%. Over the whole period it spent 179% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christiana Care Health System Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within DE. Charities of a similar size with the same main cause include Paralyzed Veterans of America ($1.9m), Special Olympics New Hampshire Inc ($1.9m) and Florida Public Pension Trustees Association Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $3.7m against liabilities of $9.2m, net assets of -$5.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.