Adventist Health System Texas Inc

Analysis

Adventist Health System Texas Inc is a registered charity in United States, based in Burleson, TX. It received its IRS tax-exemption ruling in April 1947, 79 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adventist Health System Texas Inc reported income of $171.2m and spending of $171.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $98.8m to $171.2m (+73%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adventist Health System Texas Inc sits at the 100th percentile: it is one of the largest 1% in its cause. 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 Sharp Coronado Hospital and Healthcare Center ($170.9m), NYC School Bus Umbrella Services ($174.4m) and Emory & Childrens Pediatric Institute Inc ($170.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $130.3m. At year end it held assets of $10.1m against liabilities of $13.3m, net assets of -$3.2m. It reported 2,738 employees.