Texas County Memorial Hospital Healthcare Foundation

Analysis

Texas County Memorial Hospital Healthcare Foundation is a registered charity in United States, based in Houston, MO. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas County Memorial Hospital Healthcare Foundation reported income of $96k and spending of $375k, spending 389% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $228k to $96k (-58%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 158% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Texas County Memorial Hospital Healthcare Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within MO. Charities of a similar size with the same main cause include Garden Grove Alano ($96k), Laredo Cancer Society ($96k) and Rensselaer Arc Foundation ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $416k against liabilities of $0, net assets of $416k.