Texas Health Harris Methodist Hospital Hurst-Euless-Bedford Auxi

Analysis

Texas Health Harris Methodist Hospital Hurst-Euless-Bedford Auxi is a registered charity in United States, based in Bedford, TX. It received its IRS tax-exemption ruling in July 1973, 53 years ago. 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 May 2024, Texas Health Harris Methodist Hospital Hurst-Euless-Bedford Auxi reported income of $98k and spending of $111k, spending 113% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income fell from $136k to $98k (-28%), an average of -6.3% a year. The sharpest change came in the year to May 2022, when income rose by 81%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Health Harris Methodist Hospital Hurst-Euless-Bedford Auxi sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Rock Hill Fire Department Inc ($98k), Park County Friends of the Arts Inc ($98k) and Hanohano Outrigger Canoe Club ($98k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 8.1% of the total. At year end it held assets of $43k against liabilities of $1,267, net assets of $41k.

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.