Christus Foundation for Healthcare

Analysis

Christus Foundation for Healthcare is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 1966, 60 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 June 2023, Christus Foundation for Healthcare reported income of $4.4m and spending of $6.1m, spending 139% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.6m to $4.4m (-34%), an average of -9.9% a year. The sharpest change came in the year to June 2022, when income rose by 48%. 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, Christus Foundation for Healthcare sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include West Branch Drug & Alcohol Abuse Commission Inc ($4.4m), Joseph H Neal Health Collaborative ($4.4m) and Nephronet Inc ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $277k (4.5% of expenses). Other salaries and wages came to $548k. It paid $104k in professional fundraising fees. At year end it held assets of $85.3m against liabilities of $2.5m, net assets of $82.8m. It reported 10 employees.