Texas Health Recovery and Wellness Center

Analysis

Texas Health Recovery and Wellness Center is a registered charity in United States, based in Mansfield, TX. It received its IRS tax-exemption ruling in December 2016, 10 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 December 2023, Texas Health Recovery and Wellness Center reported income of $5.5m and spending of $10.0m, spending 181% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.3m to $5.5m (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2021, when income dropped by 59%. Over the whole period it spent 174% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Texas Health Recovery and Wellness Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Hospice of Lansing Inc ($5.5m), Easterseals Alaska ($5.5m) and Center for Aging and Rehabilitation of Lake Worth Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $114k (1.1% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $28.1m against liabilities of $418k, net assets of $27.7m. It reported 102 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.