Chanda Center for Health

Analysis

Chanda Center for Health is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in February 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chanda Center for Health reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $806k to $1.1m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chanda Center for Health sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include World Federation of Societies of Anaesthesiologists ($1.1m), Health Center Volunteers Inc ($1.1m) and Myrover-Reese Fellowship Homes Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 44% of the total. Other salaries and wages came to $271k. At year end it held assets of $984k against liabilities of $173k, net assets of $811k. It reported 7 employees.