Texas Health Research & Education Institute

Analysis

Texas Health Research & Education Institute is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover medical research, 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 December 2023, Texas Health Research & Education Institute reported income of $3.5m and spending of $5.1m, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $794k to $3.5m (+339%), an average of +45% a year. The sharpest change came in the year to December 2020, when income rose by 131%. Over the whole period it spent 154% 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 Research & Education Institute sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Declarations Inc ($3.5m), Seaway Valley Council for Alcohol Substance Abuse Prevention Inc ($3.5m) and Bradford Regional Medical Services ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $239k (4.7% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $358k against liabilities of $1.1m, net assets of -$772k. It reported 25 employees.