Texas Health Resources

Analysis

Texas Health Resources is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in July 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas Health Resources reported income of $1.39bn and spending of $917.9m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.19bn to $1.39bn (+16%), an average of +3.9% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 66% 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 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 Childrens Hospital Medical Center of Akron ($1.38bn), Willis-Knighton Medical Center ($1.40bn) and Reading Hospital ($1.38bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $31.6m (3.4% of expenses). Other salaries and wages came to $352.8m. At year end it held assets of $9.47bn against liabilities of $3.26bn, net assets of $6.22bn. It reported 6,942 employees.