TMF Health Quality Institute

Analysis

TMF Health Quality Institute is a registered charity in United States, based in Austin, 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 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 December 2023, TMF Health Quality Institute reported income of $55.9m and spending of $43.3m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $39.1m to $55.9m (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, TMF Health Quality Institute sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Honorbridge ($55.9m), DKMS ($55.9m) and Mosaic Community Health ($55.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $3.2m (7.4% of expenses). Other salaries and wages came to $19.7m. At year end it held assets of $80.8m against liabilities of $4.4m, net assets of $76.4m. It reported 312 employees.