Fortis Therapy Center

Analysis

Fortis Therapy Center is a registered charity in United States, based in Dripping SPGS, TX. It received its IRS tax-exemption ruling in September 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 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, Fortis Therapy Center reported income of $208k and spending of $212k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $175k to $208k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fortis Therapy Center sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Carthage Area Hospital Foundation Inc ($208k), Ruthlyn Aitcheson Corp ($208k) and Ryan Callahan Foundation ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $149k (70% of expenses). At year end it held assets of $69k against liabilities of $0, net assets of $69k. It reported 5 employees.