Teaching Hospitals Of Texas
EIN: 742412893 · Austin, TX
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $914K |
| Net Assets | $815K |
Is Teaching Hospitals Of Texas Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Teaching Hospitals Of Texas
Teaching Hospitals Of Texas (EIN: 742412893) is a nonprofit organization based in Austin, TX. The organization reported total revenue of $1.0M and total assets of $848K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Teaching Hospitals Of Texas's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Teaching Hospitals Of Texas is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $682K |
| Total Expenses | $914K |
| Surplus / Deficit | $-232,191 |
| Total Assets | $815K |
| Net Assets | $815K |
| Operating Margin | -34.1% |
| Months of Reserves | 10.7 months |
Financial Health Grade: B
In 2023, Teaching Hospitals Of Texas reported a deficit of $232K with expenses exceeding revenue, holds 10.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Teaching Hospitals Of Texas's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.3% | +3.4% | -22.1% |
| 2022 | +40.3% | +7.1% | +52.9% |
| 2021 | +18.3% | +4.5% | +10.2% |
| 2020 | -6.0% | +0.9% | -5.9% |
| 2019 | +4.1% | -0.1% | +2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Teaching Hospitals Of Texas has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Teaching Hospitals Of Texas with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $232K, with expenses exceeding revenue.
Frequently Asked Questions about Teaching Hospitals Of Texas
Is Teaching Hospitals Of Texas a legitimate charity?
Teaching Hospitals Of Texas (EIN: 742412893) is a registered tax-exempt nonprofit based in Texas. It has 13 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. Financial health grade: B.
How does Teaching Hospitals Of Texas spend its money?
Teaching Hospitals Of Texas reported $1.0M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Teaching Hospitals Of Texas tax-deductible?
Teaching Hospitals Of Texas is registered as a tax-exempt nonprofit (EIN: 742412893). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Teaching Hospitals Of Texas located?
Teaching Hospitals Of Texas is headquartered in Austin, Texas and files with the IRS under EIN 742412893.
How many years of IRS 990 filings does Teaching Hospitals Of Texas have?
Teaching Hospitals Of Texas has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.0M in total revenue.
Filing History
IRS 990 filing history for Teaching Hospitals Of Texas showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Teaching Hospitals Of Texas's revenue has grown by 7.4%, moving from $635K to $682K. Total assets decreased by 13.1% over the same period, from $937K to $815K. Total functional expenses rose by 38.1%, from $662K to $914K. In its most recent filing year (2023), Teaching Hospitals Of Texas reported a deficit of $232K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $682K | $914K | $815K | $0 | — | View 990 |
| 2022 | $1.2M | $884K | $1.0M | $0 | — | View 990 |
| 2021 | $889K | $826K | $684K | $0 | — | View 990 |
| 2020 | $751K | $790K | $621K | $0 | — | — |
| 2019 | $799K | $783K | $660K | $0 | — | View 990 |
| 2018 | $768K | $784K | $644K | $0 | — | View 990 |
| 2017 | $735K | $767K | $660K | $0 | — | View 990 |
| 2016 | $641K | $704K | $691K | $0 | — | View 990 |
| 2015 | $636K | $838K | $755K | $0 | — | View 990 |
| 2014 | $641K | $746K | $958K | $0 | — | View 990 |
| 2013 | $505K | $647K | $1.1M | $0 | — | View 990 |
| 2012 | $871K | $602K | $1.2M | $0 | — | View 990 |
| 2011 | $635K | $662K | $937K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $682K, expenses of $914K, and assets of $815K (revenue -45.3% year-over-year).
- 2022: Revenue of $1.2M, expenses of $884K, and assets of $1.0M (revenue +40.3% year-over-year).
- 2021: Revenue of $889K, expenses of $826K, and assets of $684K (revenue +18.3% year-over-year).
- 2020: Revenue of $751K, expenses of $790K, and assets of $621K (revenue -6.0% year-over-year).
- 2019: Revenue of $799K, expenses of $783K, and assets of $660K (revenue +4.1% year-over-year).
- 2018: Revenue of $768K, expenses of $784K, and assets of $644K (revenue +4.5% year-over-year).
- 2017: Revenue of $735K, expenses of $767K, and assets of $660K (revenue +14.7% year-over-year).
- 2016: Revenue of $641K, expenses of $704K, and assets of $691K (revenue +0.8% year-over-year).
- 2015: Revenue of $636K, expenses of $838K, and assets of $755K (revenue -0.8% year-over-year).
- 2014: Revenue of $641K, expenses of $746K, and assets of $958K (revenue +26.9% year-over-year).
- 2013: Revenue of $505K, expenses of $647K, and assets of $1.1M (revenue -42.0% year-over-year).
- 2012: Revenue of $871K, expenses of $602K, and assets of $1.2M (revenue +37.2% year-over-year).
- 2011: Revenue of $635K, expenses of $662K, and assets of $937K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Teaching Hospitals Of Texas:
Data Sources and Methodology
This transparency report for Teaching Hospitals Of Texas is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.