North Texas Family Health Foundation

Analysis

North Texas Family Health Foundation is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in April 2018, 8 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 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, North Texas Family Health Foundation reported income of $1.2m and spending of $1.4m, spending 121% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.2m to $1.2m (-4.3%), an average of -0.9% a year. The sharpest change came in the year to December 2019, when income rose by 380%. Over the whole period it spent 40% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, North Texas Family Health Foundation sits at the 83rd percentile: it is larger than about 82% 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 Lemars Community School District Foundation ($1.2m), Hebrew Free Loan Association ($1.2m) and United Way of Beaumont & North Jefferson County ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $9.5m against liabilities of $2.9m, net assets of $6.7m.