Texas Association of Community Health Centers Inc

Analysis

Texas Association of Community Health Centers Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 1984, 42 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Texas Association of Community Health Centers Inc reported income of $12.2m and spending of $11.7m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.7m to $12.2m (+40%), an average of +8.7% a year. The sharpest change came in the year to September 2020, when income rose by 22%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Texas Association of Community Health Centers Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Advocacy Alliance ($12.1m), Perigee Fund ($12.2m) and Medical Associates of Erie ($12.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $618k (5.3% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $11.4m against liabilities of $1.3m, net assets of $10.1m. It reported 53 employees.