Texas Scottish Rite Hospital for Children Foundation

Analysis

Texas Scottish Rite Hospital for Children Foundation is a registered charity in United States, based in Dallas, 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 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 September 2023, Texas Scottish Rite Hospital for Children Foundation reported income of $73k and spending of $64k, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $139k to $73k (-48%), an average of -15% a year. The sharpest change came in the year to September 2020, when income dropped by 52%. Over the whole period it spent 135% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Texas Scottish Rite Hospital for Children Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Conneaut Hospital Thrift Shop ($73k), Hope Lives Here Inc ($73k) and National Basketball Association Physicians Society Foundation ($72k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $455k against liabilities of $2,173, net assets of $453k.