Texas Association of Healthcare Facilities Management

Analysis

Texas Association of Healthcare Facilities Management is a registered charity in United States, based in Leander, TX. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Texas Association of Healthcare Facilities Management reported income of $847k and spending of $797k, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $581k to $847k (+46%), an average of +9.9% a year. The sharpest change came in the year to August 2021, when income rose by 221%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Association of Healthcare Facilities Management sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include New London Community and School District Foundation ($847k), Gill Childrens Services Inc ($847k) and Montessori School of the Bay Area ($847k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 10% and program service revenue 88% of the total. At year end it held assets of $548k against liabilities of $170k, net assets of $378k.