Irving Healthcare Foundation

Analysis

Irving Healthcare Foundation is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in July 1978, 48 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, Irving Healthcare Foundation reported income of $3.9m and spending of $2.4m, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.3m to $3.9m (-8.9%), an average of -2.3% a year. The sharpest change came in the year to June 2020, when income rose by 32%. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Irving Healthcare Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Brighter Way Institute ($3.9m), Crawford County Mental Health Awareness Program Inc ($3.9m) and Washington Drug & Alcohol Commission Inc ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $314k (13% of expenses). Other salaries and wages came to $269k. It paid $30k in professional fundraising fees. At year end it held assets of $18.0m against liabilities of $9,335, net assets of $18.0m. It reported 4 employees.