Chapters Health Foundation Inc

Analysis

Chapters Health Foundation Inc is a registered charity in United States, based in Temple Terr, FL. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Chapters Health Foundation Inc reported income of $9.2m and spending of $6.5m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $9.2m (+100%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chapters Health Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Central Florida Foundation Inc ($9.2m), Jewish Community Foundation of Greater Hartford Inc ($9.2m) and Birmingham Group Realty Inc ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $295k (4.6% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $16.8m against liabilities of $2.7m, net assets of $14.1m. It reported 44 employees.