Methodist Primary Care Group

Analysis

Methodist Primary Care Group is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Methodist Primary Care Group reported income of $129.0m and spending of $177.1m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $63.8m to $129.0m (+102%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 138% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Methodist Primary Care Group sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Community Foundation for Southeast Michigan ($128.2m), The Methuselah Foundation ($129.4m) and Jewish Community Federation of S F Marin Peninsula & Sonoma Counties ($124.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $5.2m (2.9% of expenses). Other salaries and wages came to $96.3m. At year end it held assets of $50.3m against liabilities of $380.1m, net assets of -$329.8m. It reported 909 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.