Greater Texoma Health Clinic

Analysis

Greater Texoma Health Clinic is a registered charity in United States, based in Denison, TX. It received its IRS tax-exemption ruling in November 2023, 3 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greater Texoma Health Clinic reported income of $1.2m and spending of $1.1m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.2m (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Greater Texoma Health Clinic sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Adult and Teen Challenge of New Inc ($1.2m), Mystic River Ambulance Association Inc ($1.2m) and Friends of Tenwek Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $117k (10% of expenses). Other salaries and wages came to $290k. At year end it held assets of $1.0m against liabilities of $38k, net assets of $1.0m. It reported 11 employees.