Gulf Coast Health Center Inc

Analysis

Gulf Coast Health Center Inc is a registered charity in United States, based in Port Arthur, TX. It received its IRS tax-exemption ruling in December 1989, 37 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 March 2023, Gulf Coast Health Center Inc reported income of $12.1m and spending of $11.9m, spending 98% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $14.8m to $12.1m (-18%), an average of -4.8% a year. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gulf Coast Health Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include The Voyage Senior Living ($12.1m), Queenscare ($12.1m) and Community Hospital Corporation ($12.1m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 51% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $1.4m (12% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $9.3m against liabilities of $5.7m, net assets of $3.6m. It reported 200 employees.