Healthtexas Provider Network

Analysis

Healthtexas Provider Network is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Healthtexas Provider Network reported income of $1.21bn and spending of $1.19bn, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $880.6m to $1.21bn (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healthtexas Provider Network sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Eisenhower Medical Center ($1.20bn), Baylor Scott & White Health ($1.21bn) and SSM Health Care Corporation ($1.19bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $12.2m (1.0% of expenses). Other salaries and wages came to $752.8m. At year end it held assets of $256.8m against liabilities of $241.0m, net assets of $15.8m. It reported 5,814 employees.