Texas Health Harris Methodist Hospital Alliance

Analysis

Texas Health Harris Methodist Hospital Alliance is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas Health Harris Methodist Hospital Alliance reported income of $203.3m and spending of $162.8m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $143.8m to $203.3m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Texas Health Harris Methodist Hospital Alliance sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include St Elizabeth Community Health Support ($203.0m), Chinese-American Planning Council Home Attendant Program Inc ($203.8m) and Ochin Inc ($202.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.9m (1.2% of expenses). Other salaries and wages came to $58.3m. At year end it held assets of $131.1m against liabilities of $15.3m, net assets of $115.8m. It reported 920 employees.