Texas Hospital Association Foundation

Analysis

Texas Hospital Association Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 2008, 18 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 December 2023, Texas Hospital Association Foundation reported income of $6.2m and spending of $6.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.1m to $6.2m (-13%), an average of -3.4% a year. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Texas Hospital Association Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Milwaukee Regional Medical Center Inc ($6.2m), Guardianship Trust of Vermont Inc ($6.2m) and Sign Fracture Care International ($6.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $513k (8.6% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $8.2m against liabilities of $1.3m, net assets of $6.8m. It reported 16 employees.