Chapters Health System Inc

Analysis

Chapters Health System Inc is a registered charity in United States, based in Temple Terr, FL. It received its IRS tax-exemption ruling in June 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chapters Health System Inc reported income of $105.2m and spending of $101.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $61.2m to $105.2m (+72%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chapters Health System Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Goodwin House Incorporated ($105.1m), Kidango Inc ($105.4m) and Colorado Coalition for the Homeless ($104.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $8.7m (8.6% of expenses). Other salaries and wages came to $39.2m. At year end it held assets of $210.0m against liabilities of $62.1m, net assets of $147.9m. It reported 789 employees.