TRS Health Inc

Analysis

TRS Health Inc is a registered charity in United States, based in Stafford, TX. It received its IRS tax-exemption ruling in May 2020, 6 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, TRS Health Inc reported income of $877k and spending of $920k, spending 105% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $267k to $877k (+229%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 255%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, TRS Health Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Good Samaritan Rehabilitation Inc ($877k), Western Pennsylvania Home Health Association ($877k) and Racing for ALS Inc ($877k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $29k (3.2% of expenses). Other salaries and wages came to $215k. At year end it held assets of $280k against liabilities of $216k, net assets of $64k. It reported 15 employees.