Metroplex Adventist Hospital Inc

Analysis

Metroplex Adventist Hospital Inc is a registered charity in United States, based in Killeen, TX. It received its IRS tax-exemption ruling in March 1982, 44 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, Metroplex Adventist Hospital Inc reported income of $184.8m and spending of $177.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $142.4m to $184.8m (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 22%. 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, Metroplex Adventist Hospital Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Hopehealth Inc ($184.5m), Anderson Hospital ($184.8m) and First Choice Physician Partners ($184.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $2.0m (1.1% of expenses). Other salaries and wages came to $70.9m. At year end it held assets of $130.5m against liabilities of $29.4m, net assets of $101.1m. It reported 1,406 employees.