Chinese Hospital Association

Analysis

Chinese Hospital Association is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 1935, 91 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chinese Hospital Association reported income of $146.6m and spending of $157.8m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $122.6m to $146.6m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chinese Hospital Association sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include McLaren Central Michigan ($146.5m), The Finley Hospital ($146.7m) and McLaren Lapeer Region ($146.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.6% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $2.9m (1.8% of expenses). Other salaries and wages came to $35.1m. At year end it held assets of $305.1m against liabilities of $166.3m, net assets of $138.7m. It reported 601 employees.

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.