Christus Health Foundation

Analysis

Christus Health Foundation is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Christus Health Foundation reported income of $275k and spending of $298k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $280k to $275k (-1.8%), an average of -0.5% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christus Health Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Nami Thurston Mason ($275k), Keokuk Public Library Foundation ($275k) and Friends of Turpin ($275k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.3m against liabilities of $3,283, net assets of $1.3m.