Continuecare Hospital of Tyler Incorporated

Analysis

Continuecare Hospital of Tyler Incorporated is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Continuecare Hospital of Tyler Incorporated reported income of $19.5m and spending of $20.9m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $20.8m to $19.5m (-6.2%), an average of -1.6% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Continuecare Hospital of Tyler Incorporated sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Sharp Healthcare Foundation ($19.5m), Meeting House Lane Medical Practice PC ($19.5m) and Brethren Care Inc ($19.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $8.1m. At year end it held assets of $4.6m against liabilities of $1.4m, net assets of $3.2m. It reported 151 employees.