United Regional Health Care Foundation

Analysis

United Regional Health Care Foundation is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Regional Health Care Foundation reported income of $3.1m and spending of $1.9m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $3.1m (+74%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, United Regional Health Care Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Boulder Food Rescue ($3.1m), Loudoun Citizens for Social Justice Inc ($3.1m) and Lutheran Church Charities Fund ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $144k (7.7% of expenses). Other salaries and wages came to $161k. At year end it held assets of $8.7m against liabilities of $204k, net assets of $8.5m. It reported 4 employees.