Texas Health Huguley Inc

Analysis

Texas Health Huguley Inc is a registered charity in United States, based in Burleson, TX. It received its IRS tax-exemption ruling in August 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 Huguley Inc reported income of $294.1m and spending of $260.1m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $223.1m to $294.1m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 86% 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 Huguley Inc sits at the 98th percentile: it is larger than about 98% 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 Public Health Management Corporation ($292.8m), Saint Alphonsus Medical Center Nampa Inc ($294.6m) and Mercy Clinic Springfield Communities ($292.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $2.1m (0.8% of expenses). At year end it held assets of $355.0m against liabilities of $42.6m, net assets of $312.3m.