Lubbock Methodist Hospital System

Analysis

Lubbock Methodist Hospital System is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 May 2023, Lubbock Methodist Hospital System reported income of $130k and spending of $210k, spending 161% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $178k to $130k (-27%), an average of -7.4% a year. The sharpest change came in the year to May 2020, when income rose by 72%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lubbock Methodist Hospital System sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Annabelle S Amazing Graces ($130k), Global Perm NW ($130k) and Center for Environmental Therapeutics ($130k).

At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m.