Community Healthcare of Texas

Analysis

Community Healthcare of Texas is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Healthcare of Texas reported income of $31.1m and spending of $30.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $30.8m to $31.1m (+0.8%), an average of +0.2% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Healthcare of Texas sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include United Church of Christ Retirement Community Inc ($31.1m), Sunset Manor Inc ($31.1m) and Larkin Street Youth Services ($31.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $560k (1.9% of expenses). Other salaries and wages came to $13.7m. At year end it held assets of $62.8m against liabilities of $5.7m, net assets of $57.0m. It reported 285 employees.