Texas Health Action

Analysis

Texas Health Action is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 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 August 2023, Texas Health Action reported income of $21.1m and spending of $24.3m, spending 115% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $14.5m to $21.1m (+46%), an average of +9.9% a year. The sharpest change came in the year to August 2020, when income rose by 65%. Over the whole period it spent 69% 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 Action sits at the 89th percentile: it is larger than about 89% 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 A & D Charitable Foundation Inc ($21.1m), Lamoille Health Partners Inc ($21.2m) and Columbia River Mental Health Services ($21.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 7.5% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $1.2m (4.8% of expenses). Other salaries and wages came to $10.7m. At year end it held assets of $43.9m against liabilities of $2.8m, net assets of $41.1m. It reported 247 employees.