Chronic Disease Fund Inc

Analysis

Chronic Disease Fund Inc is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in June 2005, 21 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 December 2023, Chronic Disease Fund Inc reported income of $457.7m and spending of $413.3m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $279.1m to $457.7m (+64%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chronic Disease Fund Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Riverside Medical Center ($457.5m), Boulder Community Health ($458.0m) and Roper Hospital Inc ($457.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $1.4m (0.3% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $221.5m against liabilities of $19.2m, net assets of $202.3m. It reported 75 employees.