Tarrant Safety Net Support Corporation

Analysis

Tarrant Safety Net Support Corporation is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in November 2018, 8 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Tarrant Safety Net Support Corporation reported income of $207.8m and spending of $181.6m, spending 87% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $43.5m to $207.8m (+378%), an average of +48% a year. The sharpest change came in the year to August 2023, when income rose by 741%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tarrant Safety Net Support Corporation sits at the 97th percentile: it is larger than about 97% of them. 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 Joint Commission on Accreditation of Healthcare Organizations ($207.5m), Mercy Health Springfield Communities ($207.8m) and El Paso Childrens Hospital Corporation ($207.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $31.0m against liabilities of $144k, net assets of $30.8m.