CHC Realty II Inc

Analysis

CHC Realty II Inc is a registered charity in United States, based in Middletown, CT. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, CHC Realty II Inc reported income of $1.0m and spending of $2.3m, spending 224% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.8m to $1.0m (-64%), an average of -23% a year. The sharpest change came in the year to June 2020, when income dropped by 66%. Over the whole period it spent 153% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, CHC Realty II Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within CT. Charities of a similar size with the same main cause include Wyoming Health Council ($1.0m), Womens Medical Fund Inc ($1.0m) and National Academy of Social Insurance ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $49.6m against liabilities of $32.9m, net assets of $16.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.