North Texas Area Community Health Centers Inc

Analysis

North Texas Area Community Health Centers Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in July 2004, 22 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, North Texas Area Community Health Centers Inc reported income of $12.0m and spending of $12.7m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.0m to $12.0m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, North Texas Area Community Health Centers Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Rise Housing and Support Services Inc ($12.0m), LA Pine Community Health Center ($12.0m) and Highland Health Providers Corp ($12.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $630k (4.9% of expenses). Other salaries and wages came to $5.7m. It paid $94k in professional fundraising fees. At year end it held assets of $17.7m against liabilities of $14.1m, net assets of $3.6m. It reported 147 employees.