Texas Health Resources Foundation

Analysis

Texas Health Resources Foundation is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in July 1985, 41 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 December 2023, Texas Health Resources Foundation reported income of $28.2m and spending of $33.4m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $28.6m to $28.2m (-1.4%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Texas Health Resources Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Indiana University Health Frankfort Inc ($28.2m), Saint Francis Hospital Vinita Inc ($28.3m) and Westbrook Health Services Inc ($28.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. Compensation of current officers, directors and key employees was $1.8m (5.3% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $361.2m against liabilities of $2.3m, net assets of $358.9m. It reported 37 employees.