Health Opportunities for the People of East Texas Inc

Analysis

Health Opportunities for the People of East Texas Inc is a registered charity in United States, based in Center, TX. It received its IRS tax-exemption ruling in November 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 February 2023, Health Opportunities for the People of East Texas Inc reported income of $6.7m and spending of $4.7m, leaving 29% of income unspent that year. Across the 5 years on record, from February 2019 to February 2023, income grew from $3.8m to $6.7m (+76%), an average of +15% a year. The sharpest change came in the year to February 2021, when income rose by 78%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Opportunities for the People of East Texas Inc 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 National Association of School Nurses Inc ($6.7m), Traverse Health Clinic & Coalition ($6.7m) and Renville Health Services ($6.7m).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $786k (17% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $7.0m against liabilities of $176k, net assets of $6.8m. It reported 54 employees.