Matagorda Episcopal Health Outreach Program

Analysis

Matagorda Episcopal Health Outreach Program is a registered charity in United States, based in Bay City, TX. It received its IRS tax-exemption ruling in December 2004, 22 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, Matagorda Episcopal Health Outreach Program reported income of $14.8m and spending of $14.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.8m to $14.8m (+90%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Matagorda Episcopal Health Outreach Program sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Novus Health Inc ($14.8m), Wellmont Hawkins County Memorial Hospital Inc ($14.8m) and San Fernando Community Hospital ($14.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $1.7m (12% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $5.6m against liabilities of $2.1m, net assets of $3.4m. It reported 164 employees.