Lone Star Circle of Care

Analysis

Lone Star Circle of Care is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in June 2001, 25 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Lone Star Circle of Care reported income of $105.0m and spending of $96.6m, spending 92% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $87.3m to $105.0m (+20%), an average of +4.7% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lone Star Circle of Care sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Medical Care of Queens PC ($104.9m), Sports Physicaltherapy Occupational Therapy and Rehabilitation Service ($105.0m) and Hebrew Home for the Aged ($104.9m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 35% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $3.1m (3.2% of expenses). Other salaries and wages came to $48.9m. At year end it held assets of $82.2m against liabilities of $24.8m, net assets of $57.4m. It reported 1,008 employees.