Healthy Chesapeake Inc

Analysis

Healthy Chesapeake Inc is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in July 1995, 31 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 (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 2024, Healthy Chesapeake Inc reported income of $753k and spending of $820k, spending 109% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $672k to $753k (+12%), an average of +2.3% a year. The sharpest change came in the year to June 2023, when income rose by 52%. 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, Healthy Chesapeake Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within VA. Charities of a similar size with the same main cause include Summit Ranch Inc ($753k), Christian Hospital Foundation ($753k) and Therapeutic Equestrian Center Inc ($753k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $173k (21% of expenses). Other salaries and wages came to $300k. At year end it held assets of $454k against liabilities of $39k, net assets of $415k. It reported 8 employees.