Texas Society of Health-System Pharmacists Research and Education

Analysis

Texas Society of Health-System Pharmacists Research and Education is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in April 1978, 48 years ago. 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 December 2023, Texas Society of Health-System Pharmacists Research and Education reported income of $172k and spending of $154k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $121k to $172k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2022, when income rose by 150%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Society of Health-System Pharmacists Research and Education sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Dodge City Senior Center Inc ($172k), Who So Ever Will Community Church Incorporated ($172k) and C S F Associates ($172k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 61% of the total. At year end it held assets of $1.0m against liabilities of $5,594, net assets of $996k.