Texas Health Hospital Mansfield

Analysis

Texas Health Hospital Mansfield is a registered charity in United States, based in Mansfield, TX. It received its IRS tax-exemption ruling in July 2019, 7 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 Hospital Mansfield reported income of $74.4m and spending of $78.0m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $539k to $74.4m (+13693%), an average of +243% a year. The sharpest change came in the year to December 2021, when income rose by 2264%. Over the whole period it spent 143% 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 Hospital Mansfield sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include American Association for Cancer Research ($74.3m), Prairie Cardiovascular Consultants Ltd ($74.4m) and Richland Hospital ($74.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.6m (2.0% of expenses). At year end it held assets of $158.6m against liabilities of $27.8m, net assets of $130.8m.

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.