Midland Community Healthcare Services

Analysis

Midland Community Healthcare Services is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in December 2003, 23 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, Midland Community Healthcare Services reported income of $16.6m and spending of $16.8m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.5m to $16.6m (+58%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Midland Community Healthcare Services sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include United Cerebral Palsy Heartland ($16.6m), Madison Valley Hospital Inc ($16.6m) and Settlement Health and Medical Services Inc ($16.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $1.4m (8.1% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $8.7m against liabilities of $2.8m, net assets of $5.9m. It reported 171 employees.