Houston Healthcare System Inc

Analysis

Houston Healthcare System Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Houston Healthcare System Inc reported income of $15.5m and spending of $29.6m, spending 191% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.7m to $15.5m (+131%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 190% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Houston Healthcare System Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Camphill Village U S a Inc ($15.5m), Oneida Medical Practice P C ($15.5m) and Greeley County Health Services Inc ($15.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 101% of the total. Other salaries and wages came to $21.2m. At year end it held assets of $3.1m against liabilities of $1.7m, net assets of $1.4m. It reported 51 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.