Methodist-Cdi

Analysis

Methodist-Cdi is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 2016, 10 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, Methodist-Cdi reported income of $23.7m and spending of $24.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $24.8m to $23.7m (-4.6%), an average of -1.2% a year. The sharpest change came in the year to December 2020, when income dropped by 17%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Methodist-Cdi 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 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Unison Behavioral Health Group Inc ($23.7m), Unity House of Cayuga County Inc ($23.7m) and Rockhill Orthopaedic Specialists Inc ($23.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.0m against liabilities of $34.0m, net assets of -$30.1m.

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.