Chas Health Foundation

Analysis

Chas Health Foundation is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in June 2020, 6 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 October 2023, Chas Health Foundation reported income of $2.1m and spending of $433k, leaving 79% of income unspent that year. Across the 3 years on record, from October 2021 to October 2023, income grew from $1.1m to $2.1m (+89%), an average of +37% a year. The sharpest change came in the year to October 2022, when income rose by 89%. Over the whole period it spent 18% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chas Health Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include Vermont Program for Quality in Health Care Inc ($2.1m), SPD Jeanne Jugan Residence-Ca ($2.1m) and Free at Last Community Recovery and Rehabilitation Services ($2.1m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $13k (3.0% of expenses). Other salaries and wages came to $146k. At year end it held assets of $4.6m against liabilities of $117k, net assets of $4.5m.