Christus Health

Analysis

Christus Health is a registered charity in United States, based in Irving, 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Christus Health reported income of $1.03bn and spending of $1.15bn, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $736.5m to $1.03bn (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2020, when income rose by 37%. 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, Christus Health 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 Camp Bowie Service Center ($1.03bn), Cobb Hospital ($1.03bn) and Baycare Health Systems Inc ($1.02bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.4% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $81.5m (7.1% of expenses). Other salaries and wages came to $351.1m. At year end it held assets of $3.68bn against liabilities of $3.05bn, net assets of $630.4m. It reported 4,465 employees.