Team Chad Inc

Analysis

Team Chad Inc is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Team Chad Inc reported income of $459k and spending of $420k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $178k to $459k (+158%), an average of +60% a year. The sharpest change came in the year to December 2022, when income rose by 267%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Team Chad Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include Su Clinica Familia Medical Foundation ($459k), Health and Wellness Foundation Inc ($460k) and Hope Counseling Services of Chapel Hill ($459k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Other salaries and wages came to $48k. At year end it held assets of $448k against liabilities of $31k, net assets of $418k. It reported 1 employees.