Christus Health Ark-La-Tex

Analysis

Christus Health Ark-La-Tex is a registered charity in United States, based in Texarkana, TX. It received its IRS tax-exemption ruling in March 1946, 80 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, Christus Health Ark-La-Tex reported income of $470.6m and spending of $434.6m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $360.9m to $470.6m (+30%), an average of +6.9% a year. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Christus Health Ark-La-Tex 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 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Tift Regional Health System Inc ($470.5m), St Joseph Regional Health Center ($471.1m) and Legacy Good Samaritan Hospital and Medical Center Payroll Dept ($470.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $123.9m. At year end it held assets of $212.1m against liabilities of $80.4m, net assets of $131.7m. It reported 2,345 employees.