Texas Childrens Hospital
96% goes to programs $24 to raise $100 Strong reserves Growing revenue
Texas Childrens Hospital is a 501(c)(3) organization based in Houston, Texas, registered in 2004, with $3,843,065,933 in FY2023 revenue. CharityIndex grades it B+, and it directs about 96% of spending to programs.
6621 Fannin St, Houston, TX, 77030 EIN 74-1100555 Since 2004
Revenue (FY2023)
$3.8B
▲ 0.4% vs prior year
Health median: $840K
Expenses (FY2023)
$3.9B
Net assets
$5.6B
Employees
15,617
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
B+Program efficiency40% of the rating96% to programs · $24 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 Texas Childrens Hospital: 96% to programs · $24 to raise $100 earns a B+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating17 mo reserves · -2% 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 Texas Childrens Hospital: 17 mo reserves · -2% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Texas Childrens Hospital: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Texas Childrens Hospital: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To create a healthier future for children and women throughout our global community by leading in patient care, education and research.
What they do
Research: texas children's/baylor researchers at the feigin center, the jan and dan duncan neurological research institute and the children's nutrition research center are conducting some of the most innovative ongoing research in a variety of areas from pediatric cardiology to infectious diseases, nutrition, vaccines and pediatric neurology and neurogenetics. during the year, texas children's invested more than $126 million in clinical, basic and translational research projects, exploring a wide range of children's and women's health issues. in addition, the hospital continued its strategic focus on the growth and success of all texas children's research endeavors through enhanced infrastructure, such as the expansion of the jan and dan duncan neurological research institute where investigators can access cutting edge imaging modalities, such as two-photon microscopy, and state-of-the-art neurophysiology and behavioral science core resources.
Education: the hospital serves as the primary pediatric teaching facility for baylor college of medicine (their long-term academic partner). in addition, the texas children's pavilion for women is one of the premier private training hospitals for baylor college of medicine's department of obstectrics and gynecology. the close affiliation between the institutions extends through texas children's operations, baylor faculty including service chiefs, medical directors and staff physicians across the hospital's 54 sub-specialty care offerings. during the fiscal year ended september 30, 2024, the hospital invested more than $57 million in the training of over 1,200 trainees in approximately 80 training programs rotating at texas children's. baylor and texas children's have a proven track record recruiting transformative physician-scientists and one of the strongest pediatric residency programs in the country. baylor's pediatric residency program is the largest training ground for pediatrics and one of the most competitive in the country.
Contact & location
- Address
- 6621 Fannin St, Houston, TX, 77030
- City
- Houston
- State
- Texas
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.6B (FY2013) to $3.8B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.9BNet assets $5.6B
Operating margin
-2.4%
Spent more than it raised in the latest fiscal year.
Total assets
$8.5B
Total liabilities
$2.9B
Net assets
$5.6B
Salaries & benefits
$1.7B
43% of expenses
Board members
15
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,843,065,933▲0.4% | $3,933,380,085▲7.9% | $5,615,354,092▲6.7% | $8,480,089,815▲16.0% | 990 |
| 2022 | $3,828,011,089▲22.0% | $3,644,874,281▲12.2% | $5,262,367,180▲10.3% | $7,309,906,948▲8.1% | 990 |
| 2021 | $3,138,195,631▲14.0% | $3,247,286,165▲19.6% | $4,770,929,441▼10.1% | $6,762,073,162▼5.7% | 990 |
| 2020 | $2,751,886,646▲4.9% | $2,715,132,418▲7.1% | $5,306,106,864▲16.9% | $7,172,261,535▲17.8% | 990 |
| 2019 | $2,623,296,882▲0.8% | $2,535,028,940▲4.8% | $4,537,531,055▲6.2% | $6,090,202,252▲7.8% | 990 |
| 2018 | $2,601,399,672▲7.2% | $2,419,593,176▲8.9% | $4,272,256,402▲3.1% | $5,647,281,033▲4.7% | 990 |
| 2017 | $2,427,091,302▲12.3% | $2,222,707,438▲10.6% | $4,143,503,792▲10.5% | $5,395,940,841▲5.1% | 990 |
| 2016 | $2,161,764,352▲9.0% | $2,009,367,236▲7.9% | $3,750,798,476▲10.9% | $5,132,130,302▲7.9% | 990 |
| 2015 | $1,983,691,192▲8.3% | $1,861,681,578▲11.7% | $3,383,003,685▲5.6% | $4,757,433,001▲4.5% | 990 |
| 2014 | $1,831,716,670▲12.2% | $1,667,254,469▲10.7% | $3,203,963,841▲0.9% | $4,552,877,552▲10.7% | 990 |
| 2013 | $1,632,376,314 | $1,506,520,977▲8.2% | $3,176,410,749▲9.3% | $4,113,875,621▲7.3% | 990 |
| 2012 | — | $1,392,206,976▲11.4% | $2,906,325,096▲16.2% | $3,834,027,324▲9.7% | 990 |
| 2011 | — | $1,250,280,776▲20.8% | $2,501,695,332▲10.1% | $3,495,847,849▲6.1% | 990 |
| 2010 | — | $1,035,062,422▲6.9% | $2,271,413,759▲3.2% | $3,293,884,041▲1.9% | 990 |
| 2009 | — | $968,699,536 | $2,200,680,953 | $3,233,542,290 | 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: Mark A Wallace — $4,366,595 (0.11% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mark A Wallace | Board Member & Chair & Ceo All Year / President Through 1/7/24 | 36 | $4,366,595 |
| Weldon W Gage | Board Member / Executive Vice President / Chief Financial Officer | 38 | $1,646,141 |
| Linda W Aldred | Board Member / Executive Vice President & Chief Human Resources Officer | 38 | $1,342,584 |
| Myra L Davis | Board Member / Executive Vice President / Chief Information & Innovation Officer | 38 | $1,337,382 |
| Lance A Lightfoot | Senior Vice President Through 8/6/24 | 38 | $1,171,971 |
| Keith C Nelson | Board Member / Executive Vice President / Chief Investment Officer | 38 | $1,074,012 |
| Tabitha L Rice | Board Member Through 7/1/24 / Executive Vice President | 38 | $1,034,956 |
| Daniel R Diprisco | Board Member / Executive Vice President | 23 | $1,033,119 |
| Matthew T Girotto | Board Member / Executive Vice President | 37 | $781,866 |
| Jacqueline R Ward | Board Member / Senior Vice President / Chief Nurse Executive | 36 | $737,381 |
| Stanley W Spinner Md | Vice President / Physician | 38 | $715,508 |
| Russell Williams | Senior Vice President | 40 | $696,176 |
| Bert M Gunmeringer | Senior Vice President | 40 | $637,621 |
| Craig J Mills | Senior Vice President | 40 | $620,427 |
| Aisha Jamal | Board Secretary / Vice President | 31 | $542,606 |
| Michelle M Riley-brown | Former Officer & Executive Vice President | 0 | $482,896 |
| Ivett T Shah | Former Key Employee & Senior Vice President | 0 | $450,078 |
| Mark W Mullarkey | Former Officer & Executive Vice President | 0 | $439,064 |
| Debra F Sukin Phd | Board Member & President As of 1/8/24 | 37 | $278,838 |
| Michael A Belfort Md Phd | Board Member / Physician / In-chief | 37 | $269,566 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Baylor College of Medicine | Physcn & Faculty Svc | $98,460,963 |
| Mckesson Plasma and Biologics LLC | Health Solutions | $80,908,663 |
| Ws Bellows | Construction Services | $51,859,881 |
| Mccarthy Building Companies Inc | Construction Services | $44,404,983 |
| Mckesson Corporation | Health Solutions | $39,083,847 |
Grants received · $64.0M total
405 grants to Texas Childrens Hospital totaling $64.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Medical care | 2024 | $2,653,190 |
| Greater Houston Community Foundation | Health | 2024 | $766,193 |
| Episcopal Health Foundation | Building brain development-community orgs. | 2024 | $250,000 |
| Muscular Dystrophy Association | Medical diagnosis | 2024 | $247,500 |
| Charities Aid Foundation America | Charitable donation | 2024 | $151,268 |
| American Online Giving Foundation Inc | General support | 2024 | $132,671 |
| American Endowment Foundation | Health, general | 2024 | $79,411 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $50,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $29,850 |
| United Way Miami Inc | General support | 2024 | $20,500 |
| John G & Marie Stella Kenedy Memorial Foundation | Chemotherapy expenses support | 2024 | $20,000 |
| Ayco Charitable Foundation | Medical / public services | 2024 | $16,100 |
| Paypal Charitable Giving Fund | General support | 2024 | $13,499 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $8,675 |
| The Blackbaud Giving Fund | General support | 2024 | $6,827 |
Grants made · $12.9M in FY2023
86 grants totaling $12.9M in FY2023 — showing the 15 largest. All grants made by Texas Childrens Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Tch Pediatric Associates Inc | Indigent care support | $7,000,000 |
| Camp For All Foundation | General support | $2,250,000 |
| Houston Parks Board | General support | $1,500,000 |
| Ronald Mcdonald House Charities Greater Houston Inc | General support | $157,500 |
| Cristo Rey Work Study Program | General support | $143,570 |
| Junior League of Houston Inc | General support | $120,000 |
| American Heart Association Inc | General support | $100,000 |
| Texans For Lawsuit Reform | General support | $100,000 |
| March of Dimes Inc | General support | $80,000 |
| Houston Food Bank | General support | $80,000 |
| Good Samaritan Foundation of Texas Inc | General support | $69,500 |
| Sports In Action LLC | Event sponsorship | $60,638 |
| Texas Medical Center Orchestra | General support | $50,000 |
| Compassionate Touch Inc | Event sponsorship | $50,000 |
| Young Mens Christian Association of Greater Houston Area | General support | $46,250 |
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Frequently asked questions
- Is Texas Childrens Hospital a legitimate nonprofit?
- Yes. Texas Childrens Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-1100555, based in Houston, Texas. Donations are tax-deductible.
- What is Texas Childrens Hospital's EIN?
- Texas Childrens Hospital's Employer Identification Number (EIN) is 74-1100555.
- How much revenue does Texas Childrens Hospital report?
- Texas Childrens Hospital reported $3,843,065,933 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Texas Childrens Hospital's spending goes to programs?
- Texas Childrens Hospital spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Texas Childrens Hospital have?
- CharityIndex grades Texas Childrens Hospital B+, based on program efficiency and fundraising cost.
- How much does Texas Childrens Hospital's highest-paid employee make?
- The highest reported compensation on Texas Childrens Hospital's latest Form 990 is $4,366,595, paid to Mark A Wallace (Board Member & Chair & Ceo All Year / President Through 1/7/24).
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Explore more
Data for Texas Childrens Hospital (EIN 74-1100555) 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.