Healthchex Cares Inc

Analysis

Healthchex Cares Inc is a registered charity in United States, based in Fayetteville, GA. It received its IRS tax-exemption ruling in September 2024, 2 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 (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, Healthchex Cares Inc reported income of $65k and spending of $92k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $195k to $65k (-67%), an average of -67% a year. The sharpest change came in the year to December 2023, when income dropped by 67%. Over the whole period it spent 40% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healthchex Cares Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within GA. Charities of a similar size with the same main cause include You Are Linked to Resources ($65k), USA Devanand Yoga Cultural Center Inc ($65k) and St Michael ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $162k against liabilities of $5,013, net assets of $157k.