Driscoll Childrens Hospital
97% goes to programs $37 to raise $100 Strong reserves Growing revenue
Driscoll Childrens Hospital is a 501(c)(3) organization based in Corp Christi, Texas, registered in 1991, with $1,108,868,350 in FY2023 revenue. CharityIndex grades it B+, and it directs about 97% of spending to programs.
3533 S Alameda St, Corp Christi, TX, 78411 EIN 74-2577746 Since 1991
Revenue (FY2023)
$1.1B
▲ 43.7% vs prior year
Health median: $840K
Expenses (FY2023)
$696.7M
Net assets
$1.8B
Employees
2,948
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
C+Program efficiency40% of the rating97% to programs · $37 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Driscoll Childrens Hospital: 97% to programs · $37 to raise $100 earns a C+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating31 mo reserves · +37% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Driscoll Childrens Hospital: 31 mo reserves · +37% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Driscoll Childrens Hospital: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Driscoll Childrens Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Devoted to expert care, education, outreach and advocacy.
Contact & location
- Address
- 3533 S Alameda St, Corp Christi, TX, 78411
- City
- Corp Christi
- State
- Texas
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $323.5M (FY2013) to $1.1B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $259.5MNet assets $1.8B
Operating margin
37.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.1B
Total liabilities
$259.5M
Net assets
$1.8B
Salaries & benefits
$303.7M
44% of expenses
Board members
18
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,108,868,350▲43.7% | $696,662,289▲28.5% | $1,802,896,024▲30.1% | $2,062,422,171▲34.2% | 990 |
| 2022 | $771,813,517▲11.3% | $542,186,982▲27.5% | $1,386,096,322▲20.3% | $1,536,826,825▲17.8% | 990 |
| 2021 | $693,468,758▲38.9% | $425,139,022▲27.1% | $1,152,103,769▼50.4% | $1,304,246,278▼46.2% | 990 |
| 2020 | $499,359,413▲26.8% | $334,505,555▲12.8% | $2,323,196,780▲32.9% | $2,425,095,587▲32.6% | 990 |
| 2019 | $393,941,919▼13.0% | $296,543,864▼4.3% | $1,747,689,924▲11.1% | $1,829,159,521▲10.1% | 990 |
| 2018 | $452,995,807▲15.6% | $309,765,073▲6.6% | $1,573,363,232▲2.6% | $1,661,328,690▲2.7% | 990 |
| 2017 | $391,918,886▼1.7% | $290,602,602▲2.6% | $1,534,218,061▲91.6% | $1,617,279,601▲83.3% | 990 |
| 2016 | $398,601,479▼1.6% | $283,203,585▲4.8% | $800,616,431▲26.6% | $882,508,078▲21.8% | 990 |
| 2015 | $405,211,802▲21.3% | $270,145,392▲6.2% | $632,220,333▲17.8% | $724,524,848▲9.2% | 990 |
| 2014 | $333,942,852▲3.2% | $254,395,325▲5.5% | $536,645,284▲20.2% | $663,371,301▲22.3% | 990 |
| 2013 | $323,507,944 | $241,090,594▲20.0% | $446,506,309▲29.9% | $542,305,750▲28.2% | 990 |
| 2012 | — | $200,861,618▲3.9% | $343,854,988▲32.3% | $423,051,096▲30.9% | 990 |
| 2011 | — | $193,261,365▲3.7% | $259,903,451▲23.7% | $323,070,434▲21.8% | 990 |
| 2010 | — | $186,444,442 | $210,073,540▲35.0% | $265,263,465▲21.4% | 990 |
| 2009 | — | $186,397,552 | $155,613,501 | $218,567,133 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: William H Larsen — $1,850,791 (0.27% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| William H Larsen | Vp-human Resources | 39 | $1,850,791 |
| Eric Hamon | President & Ceo | 38 | $1,688,545 |
| Mary D Peterson Md | Executive Vice President & Coo | 39 | $859,900 |
| Karen C Long | Vp-clinical Operations | 39 | $593,239 |
| Jennifer R Henderson | Vp/general Counsel/ceco | 39 | $564,140 |
| Justin K Box | Vp, Cio | 40 | $548,408 |
| Steven E King | Chief Financial Officer Hospital | 39 | $488,584 |
| Matt Wolthoff | President Dch Rgv | 40 | $445,175 |
| Philip Raine | Inpatient Clinical Coordinator | 40 | $433,551 |
| Ernest Buck Md | Physician Advisor | 39 | $422,766 |
| Haroon Patel | Pediatric Surgeon | 40 | $422,474 |
| Sarah Garza | Vp-clinic & Physician Groups | 39 | $412,278 |
| Julia A Pina | Chief Nursing Officer | 40 | $343,319 |
| Jeanene R Anthony | Vp-business Development & Planning | 40 | $340,534 |
| Bryce Herrman | Director Perfusion Services | 40 | $327,852 |
| Shane Casady | Vp-hospital Support Services | 40 | $271,168 |
| Alex Kirkland | Director | 1 | — |
| Bob Parker | Board Chair | 1 | — |
| Bob Shockney | Director | 1 | — |
| Carol C Deline Md | Past Chief of Staff | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Fulton Const Corp Coastcon | Contracting Services | $14,684,982 |
| Fastaff LLC | Staffing Services | $10,682,041 |
| Completerx Ltd | Pharmaceutical Services | $9,902,208 |
| Malek Inc | Maintenace Services | $4,904,144 |
| Epic System Corp | It Services | $4,818,555 |
Grants received · $2.1M total
51 grants to Driscoll Childrens Hospital totaling $2.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cystic Fibrosis Foundation | Cf care center | 2024 | $89,130 |
| Public Health Institute | Research | 2024 | $13,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $11,650 |
| American Online Giving Foundation Inc | General support | 2024 | $5,068 |
| Donor Advised Charitable Giving | Health | 2023 | $502,000 |
| National Philanthropic Tr | Culture & arts | 2023 | $200,000 |
| Cystic Fibrosis Foundation | Cf care center | 2023 | $87,010 |
| Greater Houston Community Foundation | Health | 2023 | $28,700 |
| Vitamin Angel Alliance Inc | Nutritional supplements | 2023 | $16,670 |
| Public Health Institute | Research | 2023 | $14,000 |
| Muscular Dystrophy Association | Medical diagnosis | 2023 | $10,000 |
| Charities Aid Foundation America | Charitable donation | 2023 | $7,000 |
| Cystic Fibrosis Foundation | Cf care center | 2022 | $69,363 |
| Greater Houston Community Foundation | Health | 2022 | $27,800 |
| The Childrens Hospital of Philadelphia | Research | 2022 | $18,059 |
Grants made · $1.2M in FY2020
1 grant totaling $1.2M in FY2020. All grants made by Driscoll Childrens Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Childrens Physician Services of South Texas | Program support | $1,228,087 |
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Compare Driscoll Childrens Hospital
Frequently asked questions
- Is Driscoll Childrens Hospital a legitimate nonprofit?
- Yes. Driscoll Childrens Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-2577746, based in Corp Christi, Texas. Donations are tax-deductible.
- What is Driscoll Childrens Hospital's EIN?
- Driscoll Childrens Hospital's Employer Identification Number (EIN) is 74-2577746.
- How much revenue does Driscoll Childrens Hospital report?
- Driscoll Childrens Hospital reported $1,108,868,350 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Driscoll Childrens Hospital's spending goes to programs?
- Driscoll Childrens Hospital spends about 97% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Driscoll Childrens Hospital have?
- CharityIndex grades Driscoll Childrens Hospital B+, based on program efficiency and fundraising cost.
- How much does Driscoll Childrens Hospital's highest-paid employee make?
- The highest reported compensation on Driscoll Childrens Hospital's latest Form 990 is $1,850,791, paid to William H Larsen (Vp-human Resources).
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Data for Driscoll Childrens Hospital (EIN 74-2577746) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.