Tyler Family Circle of Care

Analysis

Tyler Family Circle of Care is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in August 2012, 14 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 August 2023, Tyler Family Circle of Care reported income of $24.6m and spending of $23.4m, spending 95% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $18.3m to $24.6m (+34%), an average of +7.6% a year. The sharpest change came in the year to August 2022, when income rose by 24%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tyler Family Circle of Care 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 Munson Home Care ($24.6m), Nazareth Living Center ($24.6m) and Milwaukee Health Services Inc ($24.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 29% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $985k (4.2% of expenses). Other salaries and wages came to $13.0m. At year end it held assets of $27.9m against liabilities of $2.4m, net assets of $25.5m. It reported 264 employees.