The Cullen Trust for Health Care

Analysis

The Cullen Trust for Health Care is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 1978, 48 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, The Cullen Trust for Health Care reported income of $3.2m and spending of $6.1m, spending 189% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.7m to $3.2m (-43%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 107%. Over the whole period it spent 124% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Cullen Trust for Health Care sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include New Cardiovascular Horizons Foundation ($3.2m), Song for Charlie ($3.2m) and Trihealth Hospital Inc ($3.2m).

At year end it held assets of $127.6m against liabilities of $0, net assets of $127.6m.