Check by 7 Inc

Analysis

Check by 7 Inc is a registered charity in United States, based in Miami Lakes, FL. It received its IRS tax-exemption ruling in February 2023, 3 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, Check by 7 Inc reported income of $176k and spending of $47k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $176k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 39% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Check by 7 Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Alternative Home Inc ($176k), Pediatric Hydrocephalus Foundation Inc ($176k) and The Faces Foundation ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $25k (55% of expenses). At year end it held assets of $469k against liabilities of $608, net assets of $469k. It reported 1 employees.