Spring Branch Community Health Center

Analysis

Spring Branch Community Health Center is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2022, Spring Branch Community Health Center reported income of $25.4m and spending of $25.4m, spending 100% of its income. Across the 4 years on record, from November 2019 to November 2022, income grew from $13.5m to $25.4m (+88%), an average of +23% a year. The sharpest change came in the year to November 2021, when income rose by 45%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spring Branch Community Health Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Le Bonheur Childrens Hospital Foundation ($25.4m), The Family Health Centers of Georgia Inc ($25.4m) and Scott & White Continuing Care Hospital ($25.4m).

On its Form 990 for the period ending November 2022, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $1.4m (5.6% of expenses). Other salaries and wages came to $13.1m. At year end it held assets of $12.0m against liabilities of $3.7m, net assets of $8.4m. It reported 313 employees.