Texas Healthcare Trustees Foundation

Analysis

Texas Healthcare Trustees Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 1995, 31 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 December 2023, Texas Healthcare Trustees Foundation reported income of $867k and spending of $792k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $838k to $867k (+3.5%), an average of +0.9% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Texas Healthcare Trustees Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include First Responders Resiliency Inc ($867k), Crossroads Club Inc ($868k) and Interventive Care Crisis Management Network ($867k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $64k (8.1% of expenses). Other salaries and wages came to $69k. At year end it held assets of $1.4m against liabilities of $307k, net assets of $1.1m.