Methodist Patient Centered Aco

Analysis

Methodist Patient Centered Aco is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Methodist Patient Centered Aco reported income of $5.3m and spending of $6.5m, spending 123% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $6.8m to $5.3m (-22%), an average of -6.0% a year. The sharpest change came in the year to September 2021, when income rose by 48%. Over the whole period it spent 120% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Methodist Patient Centered Aco sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include The Public Health Advocacy Institute Inc ($5.3m), Conway Hospital Emergency Professional Services ($5.3m) and North Carolina Healthcare Foundation Inc ($5.3m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $6,435 (0.1% of expenses). At year end it held assets of $7.8m against liabilities of $7.8m, net assets of $0.

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.