Driscoll Healthcare Services

Analysis

Driscoll Healthcare Services is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in December 2010, 16 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Driscoll Healthcare Services reported income of $46.9m and spending of $18.0m, leaving 62% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $5.5m to $46.9m (+757%), an average of +71% a year. The sharpest change came in the year to August 2023, when income rose by 300%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Driscoll Healthcare Services sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Visiting Nurse Service of New York ($46.9m), Tiburcio Vasquez Health Center Inc ($47.0m) and Louisiana Organ Procurement Agency ($46.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.0% and program service revenue 39% of the total. Other salaries and wages came to $6.4m. At year end it held assets of $1.39bn against liabilities of $26k, net assets of $1.39bn. It reported 47 employees.