Parkland Memorial Hospital Auxiliary

Analysis

Parkland Memorial Hospital Auxiliary is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 1942, 84 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Parkland Memorial Hospital Auxiliary reported income of $728k and spending of $550k, leaving 24% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.1m to $728k (-34%), an average of -9.8% a year. The sharpest change came in the year to September 2021, when income dropped by 31%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parkland Memorial Hospital Auxiliary sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include United Scioto Senior Activities ($728k), Intempo Organization Inc ($728k) and Habitat for Humanity International Inc ($728k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.5% and program service revenue 64% of the total. Other salaries and wages came to $379k. At year end it held assets of $1.5m against liabilities of $173k, net assets of $1.3m.