EIN 74-1100555

Texas Children's Hospital (TCS)

IRS 501(c) type
501(c)(3)
Num. employees
14,387
State
Year formed
1950
Most recent tax filings
2023-09-01
NTEE code, primary
Description
Texas Children's Hospital, located in Houston, Texas, is a not-for-profit organization whose mission is to create a healthier future for children and women throughout their global community by leading in patient care, education and research. They are proud to be consistently ranked among the top children’s hospitals in the nation. They are proud to consistently be recognized as a leader in pediatric care, and are honored to be home to the best place in the country for pediatric cardiology and heart surgery, as well as pulmonology.
Total revenues
$3,828,011,089
2023
Total expenses
$3,644,874,281
2023
Total assets
$7,309,906,948
2023
Num. employees
14,387
2023

Program areas at TCS

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.
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.
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.

Grants made by TCS

GranteeGrant descriptionAmount
Texas Children's PediatricIndigent Care Support$7,000,000
Ronald McDonald House HoustonGeneral Support$195,000
The Junior League of HoustonGeneral Support$120,000
...and 77 more grants made totalling $8,921,363

Who funds Texas Children's Hospital (TCS)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Blue Bird CircleDuncan Neurological Research Institute$8,833,968
National Christian Foundation / Natl Christian Charitable FDN IncPoverty$2,309,800
Sky High for KidsFunding Texas Children's Immunotherapy Center for Pediatric Oncology and Global Hope Program.$2,047,334
...and 141 more grants received totalling $30,441,462

Personnel at TCS

NameTitleCompensation
Mark A. WallaceChief Executive Officer$6,159,574
Keith C NelsonSenior Vice President and Chief Investment Officer$1,681,715
Weldon GageExecutive Vice President and Chief Financial Officer$2,265,469
Myra DavisExecutive Vice President and Chief Information and Innovation Officer$2,109,960
Linda AldredExecutive Vice President and Chief Human Resources Officer$2,042,706
...and 11 more key personnel

Financials for TCS

RevenuesFYE 09/2023
Total grants, contributions, etc.$99,755,472
Program services$3,686,740,831
Investment income and dividends$21,636,633
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$190,935
Net gain from sale of non-inventory assets$-57,182
Net income from fundraising events$-500,999
Net income from gaming activities$0
Net income from sales of inventory$392,591
Miscellaneous revenues$19,852,808
Total revenues$3,828,011,089

Form 990s for TCS

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-14990View PDF
2022-092023-08-15990View PDF
2021-092022-08-13990View PDF
2020-092021-08-11990View PDF
2019-092020-10-09990View PDF
...and 11 more Form 990s
Data update history
September 26, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 22, 2024
Used new vendors
Identified 3 new vendors, including , , and
August 10, 2024
Received grants
Identified 43 new grant, including a grant for $8,833,968 from The Blue Bird Circle
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $17,000 from DONALD E McMAHON FOUNDATION
April 19, 2024
Updated personnel
Identified 4 new personnel
Nonprofit Types
Grantmaking organizationsHospitalsHealth organizationsHeadquarter / parent organizations
Issues
Health
Characteristics
LobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
6330 W LP S 1300
Bellaire, TX 77401
Metro area
Houston-The Woodlands-Sugar Land, TX
County
Harris County, TX
Website URL
texaschildrens.org/ 
Phone
(832) 824-1000
Facebook page
TexasChildrensHospital 
Twitter profile
@texaschildrens 
IRS details
EIN
74-1100555
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1950
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E24: Hospital, Specialty
NAICS code, primary
622: Hospitals
Parent/child status
Central organization
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