Frio Hospital Association

Analysis

Frio Hospital Association is a registered charity in United States, based in Pearsall, TX. It received its IRS tax-exemption ruling in December 1964, 62 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, Frio Hospital Association reported income of $34.9m and spending of $31.0m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $22.7m to $34.9m (+53%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Frio Hospital Association sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Carilion Clinic ($34.8m), Whittier Street Health Center Committere Inc ($34.9m) and Heartland Alliance Health ($34.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 98% of the total. Other salaries and wages came to $11.0m. At year end it held assets of $38.1m against liabilities of $16.9m, net assets of $21.2m. It reported 253 employees.