Texas Cardiac Arrhythmia Training Institute

Analysis

Texas Cardiac Arrhythmia Training Institute is a registered charity in United States, based in W Lake Hills, TX. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas Cardiac Arrhythmia Training Institute reported income of $103k and spending of $119k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $103k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Texas Cardiac Arrhythmia Training Institute sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Dream Catcher of LA Therapeutic Riding Centers ($103k), Ryan Gordy Foundation ($103k) and Foundation for Brain Science and Immunology Inc ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 97% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.