Texas Childrens Hospital is located in Bellaire, TX. The organization was established in 2004. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2023, Texas Childrens Hospital employed 14,387 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Childrens Hospital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Texas Childrens Hospital generated $3.8b in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $3.6b during the year ending 09/2023. While expenses have increased by 8.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Texas Childrens Hospital has awarded 603 individual grants totaling $84,755,459. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE A HEALTHIER FUTURE FOR CHILDREN AND WOMEN THROUGHOUT OUR GLOBAL COMMUNITY BY LEADING IN PATIENT CARE, EDUCATION AND RESEARCH.
Describe the Organization's Program Activity:
PATIENT CARE: TEXAS CHILDREN'S HOSPITAL IS AN INTERNATIONALLY RECOGNIZED CHILDREN'S HOSPITAL AND IS CONSISTENTLY RANKED AS THE BEST CHILDREN'S HOSPITAL IN TEXAS AND AMONG THE TOP IN THE NATION. TEXAS CHILDREN'S HOSPITAL OPERATES THREE CAMPUSES IN THE HOUSTON AREA: MAIN CAMPUS LOCATED IN THE TEXAS MEDICAL CENTER; WEST CAMPUS LOCATED IN WEST HOUSTON; WOODLANDS CAMPUS LOCATED NORTH OF HOUSTON. THE MAIN CAMPUS IS THE LARGEST AND ALSO INCLUDES THE JAN AND DAN DUNCAN NEUROLOGICAL RESEARCH INSTITUTE, FEIGIN TOWER CENTER FOR PEDIATRIC RESEARCH, AND THE TEXAS CHILDREN'S PAVILION FOR WOMEN. DURING THE YEAR, THE HOSPITAL SYSTEM OPERATED 905 INPATIENT BEDS, MORE THAN 130 AMBULATORY SPECIALTY CLINICS, AND EXCEEDED 1,872,200 OUTPATIENT CLINIC VISITS. THE HOSPITAL IS SUPPORTED BY AN AWARD-WINNING MEDICAL STAFF CONSISTING OF MORE THAN 890 BOARD-CERTIFIED PEDIATRIC PHYSICIANS, OBSTETRICIANS AND GYNECOLOGISTS, ADULT SUBSPECIALISTS, AND DENTISTS, AS WELL AS MORE THAN 12,100 DEDICATED AND HIGLY SKILLED NURSING AND SUPPORT STAFF. TEXAS CHILDREN'S PAVILION FOR WOMEN OFFERS A FULL SPECTRUM OF GYNECOLOGICAL AND MATERNAL AND FETAL MEDICINE SERVICES, INCLUDING AN ARRAY OF FETAL DIAGNOSTIC PROCEDURES AND HIGHLY SPECIALIZED FETAL SURGERIES, THREE PRIVATE OB/GYN PRACTICES, THE FAMILY FERTILITY CENTER, THE MENOPAUSE CENTER AND THE WOMEN'S PLACE - CENTER FOR REPRODUCTIVE PSYCHIATRY. THE PAVILION HOUSES A LEVEL II AND LEVEL III NEONATAL INTENSIVE CARE UNIT ("NICU"), AND LOCATED IN THE WEST TOWER OF THE HOSPITAL IS A LEVEL IV NICU, THE HIGHEST LEVEL OF CARE AVAILABLE FOR NEWBORNS. DURING THE YEAR, THE PAVLION PERFORMED APPROXIMATELY 6,539 DELIVERIES AND OPENED THE PAVILION FOR WOMEN TOWER II IN AUGUST 2023. THE PAVILION TOWER II WILL PROVIDE MORE SPACE FOR DELIVERY ROOMS AND SPECIALIZED CLINICS THAT CATER TO WOMEN AT EVERY STAGE OF LIFE. TEXAS CHILDREN'S HOSPITAL IS AFFILIATED WITH BAYLOR COLLEGE OF MEDICINE AND SERVES AS THEIR PRIMARY PEDIATRIC TRAINING SITE. THE HOSPITAL IS STAFFED PRIMARILY BY BAYLOR COLLEGE OF MEDICINE PHYSICIANS, AND COLLABORATES WITH BAYLOR PHYSICIANS AND RESEARCHERS ACROSS HUNDREDS OF PROJECTS TO CONTINUALLY IMPROVE TREATMENTS AND OUTCOMES FOR CHILDREN.
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 2023, TEXAS CHILDREN'S INVESTED MORE THAN $137 MILLION IN OVER 1,700 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, 2023, THE HOSPITAL INVESTED MORE THAN $52 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Board Member / Chair / President / CEO | OfficerTrustee | 36 | $6,159,574 |
Name Not Listed Board Member / Executive Vice President | Trustee | 36 | $1,415,226 |
Name Not Listed Board Member / Physician / In-Chief | Trustee | 38 | $825,776 |
Name Not Listed Board Member / Senior Vice President / Chief Nursing Officer | Trustee | 40 | $703,440 |
Name Not Listed Board Member / Physician / In-Chief | Trustee | 37 | $1,410,515 |
Name Not Listed Board Member / Physician / In-Chief | Trustee | 37 | $155,700 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Baylor College Of Medicine Physcn & Faculty Svc | 9/29/23 | $95,003,553 |
Mckesson Plasma And Biologics Llc Health Solutions | 9/29/23 | $71,838,244 |
Trusted Health Inc Employment Agency | 9/29/23 | $43,214,619 |
Mckesson Corporation Health Solutions | 9/29/23 | $41,987,266 |
Rightsourcing Inc Employment Agency | 9/29/23 | $18,700,195 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $1,267,668 |
Related organizations | $0 |
Government grants | $15,771,532 |
All other contributions, gifts, grants, and similar amounts not included above | $82,716,272 |
Noncash contributions included in lines 1a–1f | $2,253,542 |
Total Revenue from Contributions, Gifts, Grants & Similar | $99,755,472 |
Total Program Service Revenue | $3,686,740,831 |
Investment income | $21,636,633 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $190,935 |
Net Gain/Loss on Asset Sales | -$57,182 |
Net Income from Fundraising Events | -$500,999 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $392,591 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,828,011,089 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $9,331,289 |
Grants and other assistance to domestic individuals. | $300,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $51,408,310 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,153,714,702 |
Pension plan accruals and contributions | $43,488,630 |
Other employee benefits | $154,114,803 |
Payroll taxes | $86,416,425 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,676,113 |
Fees for services: Accounting | $590,953 |
Fees for services: Lobbying | $630,801 |
Fees for services: Fundraising | $1,997,823 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $679,829,017 |
Advertising and promotion | $26,825,587 |
Office expenses | $76,187,255 |
Information technology | $107,072,288 |
Royalties | $0 |
Occupancy | $80,222,202 |
Travel | $4,406,642 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,825,657 |
Interest | $30,118,293 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $153,033,547 |
Insurance | $10,760,807 |
All other expenses | $69,637,679 |
Total functional expenses | $3,644,874,281 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,833,290 |
Savings and temporary cash investments | $1,965,203 |
Pledges and grants receivable | $123,996,786 |
Accounts receivable, net | $617,802,937 |
Loans from Officers, Directors, or Controlling Persons | $2,666,780 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $35,312,543 |
Prepaid expenses and deferred charges | $241,574,720 |
Net Land, buildings, and equipment | $2,337,952,515 |
Investments—publicly traded securities | $474,349,465 |
Investments—other securities | $18,403 |
Investments—program-related | $240,507,397 |
Intangible assets | $0 |
Other assets | $3,218,926,909 |
Total assets | $7,309,906,948 |
Accounts payable and accrued expenses | $613,022,076 |
Grants payable | $0 |
Deferred revenue | $66,916,919 |
Tax-exempt bond liabilities | $1,079,911,748 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $476,048 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $287,212,977 |
Total liabilities | $2,047,539,768 |
Net assets without donor restrictions | $4,809,989,578 |
Net assets with donor restrictions | $452,377,602 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $7,309,906,948 |
Over the last fiscal year, Texas Childrens Hospital has awarded $9,164,113 in support to 83 organizations.
Grant Recipient | Amount |
---|---|
TCH PEDIATRIC ASSOCIATES INC PURPOSE: Indigent Care Support | $7,000,000 |
RONALD MCDONALD HOUSE HOUSTON PURPOSE: General support | $195,000 |
QTEGO FUNDRAISING SERVICES PURPOSE: Event Sponsorship | $130,000 |
JUNIOR LEAGUE OF HOUSTON PURPOSE: General support | $120,000 |
SPORTS AUTHORITY FOUNDATION PURPOSE: Event Sponsorship | $100,000 |
HERMANN PARK CONSERVANCY PURPOSE: General Support | $100,000 |