Texoma Health Foundation

Analysis

Texoma Health Foundation is a registered charity in United States, based in Denison, TX. It received its IRS tax-exemption ruling in April 1983, 43 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, Texoma Health Foundation reported income of $11.8m and spending of $4.6m, leaving 61% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $11.8m (+480%), an average of +55% a year. The sharpest change came in the year to June 2021, when income rose by 156%. Over the whole period it spent 61% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Texoma Health Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Humphreys County Community Health Services Inc ($11.8m), Missoula Community Health Services Inc ($11.8m) and Grassroots Crisis Intervention Center Inc ($11.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $335k (7.3% of expenses). Other salaries and wages came to $271k. At year end it held assets of $74.8m against liabilities of $418k, net assets of $74.4m. It reported 9 employees.