EIN 74-1100555

Texas Children's Hospital (TCS)

IRS 501(c) type
501(c)(3)
Num. employees
12,738
State
Year formed
1950
Most recent tax filings
2019-09
NTEE code, primary
Financials as of 2019-09
Revenues
$2.6b
+$174m
7.2%
 
$2b: Prog svcs
 
$56m: Grants & donations
 
$18m: Misc rev
 
$32m: Misc other revenues
Expenses
$2.4b
+$197m
8.9%
 
$886m: Salaries, non-officers
 
$448m: Fee-for-service, other
 
$414m: Expense, other
 
$672m: Misc other expenses
Assets
$5.6b
+$251m
4.7%
 
$2b: Bldg & equip
 
$2b: Other assets
 
$394m: A/R
 
$854m: Misc other assets
Liabilities
$1.4b
+$123m
9.8%
 
$904m: Tax-exempt bonds
 
$318m: Accts pay
 
$144m: Other lia
 
$10m: Misc other liabilities
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.

Program areas at TCS

PATIENT CARE: TEXAS CHILDREN'S HOSPITAL IS AN INTERNATIONALLY RECOGNIZED FULL-CARE PEDIATRIC HOSPITAL OPERATING TWO CAMPUSES IN THE HOUSTON AREA, THE LARGEST OF WHICH IS LOCATED IN THE TEXAS MEDICAL CENTER. ONE OF THE LARGEST PEDIATRIC HOSPITALS IN THE UNITED STATES, THE HOSPITAL IS CONSISTENTLY RANKED AS THE BEST CHILDREN'S HOSPITAL IN TEXAS, AND AMONG THE TOP IN THE NATION. TEXAS CHILDREN'S HAS GARNERED WIDESPREAD RECOGNITION FOR ITS EXPERTISE AND BREAKTHROUGHS IN PEDIATRIC AND WOMEN'S HEALTH. THE HOSPITAL INCLUDES TEXAS CHILDREN'S HOSPITAL; THE JAN AND DAN DUNCAN NEUROLOGICAL RESEARCH INSTITUTE; THE FEIGIN CENTER FOR PEDIATRIC RESEARCH; TEXAS CHILDREN'S PAVILION FOR WOMEN, A COMPREHENSIVE OBSTETRICS/GYNECOLOGY HOSPITAL FOCUSING ON HIGH-RISK BIRTHS; TEXAS CHILDREN'S HOSPITAL WEST CAMPUS, A COMMUNITY HOSPITAL IN SUBURBAN WEST HOUSTON; TEXAS CHILDREN'S HOSPITAL THE WOODLANDS, THE FIRST HOSPITAL DEVOTED TO CHILDREN'S CARE FOR COMMUNITIES NORTH OF HOUSTON, a second community hospital that opened April 2017. THE ORGANIZATION ALSO CREATED TEXAS CHILDREN'S HEALTH PLAN, THE NATIONS' FIRST HMO FOR CHILDREN; TEXAS CHILDREN'S PEDIATRICS, THE LARGEST PEDIATRIC PRIMARY CARE NETWORK IN THE COUNTRY; TEXAS CHILDREN'S URGENT CARE CLINICS THAT SPECIALIZE IN AFTER-HOURS CARE TAILORED SPECIFICALLY FOR CHILDREN; AND A GLOBAL HEALTH PROGRAM THAT'S CHANNELING CARE TO CHILDREN AND WOMEN ALL OVER THE WORLD. TEXAS CHILDREN'S HOSPITAL IS AFFILIATED WITH BAYLOR COLLEGE OF MEDICINE. TEXAS CHILDREN'S PAVILION FOR WOMEN OFFERS A FULL SPECTRUM 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. DURING THE YEAR THE HOSPITAL OVERALL OPERATED 795 INPATIENT BEDS AND MORE THAN 125 AMBULATORY SPECIALTY CLINICS, SUPPORTED BY AN AWARD-WINNING MEDICAL STAFF CONSISTING OF MORE THAN 1,797 BOARD-CERTIFIED PEDIATRIC SUBSPECIALISTS, OBSTETRICIANS AND GYNECOLOGISTS, ADULT SUBSPECIALISTS AND DENTISTS AND A DEDICATED AND HIGHLY SKILLED NURSING AND SUPPORT STAFF OF MORE THAN 10,181. IN 2019, THE PAVILION PERFORMED APPROXIMATELY 6,205 DELIVERIES AND THE HOSPITAL SYSTEM EXCEEDED 199,080 OUTPATIENT CLINIC VISITS.
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 obstetrics and gynecology. The close affiliation between the institutions extends throughout Texas Children's operations, baylor faculty including service chiefs, medical directors and staff physicians across the Hospital's 65 sub-specialty care offerings. During the fiscal year ended september 30, 2019, the Hospital invested more than $55 million in the training of over 1,229 trainees in 89 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. More than 2,000 students apply each year from the top medical schools around 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 2019, Texas Children's invested in more than $109 million in over 2,132 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.

Form 990s for TCS

Fiscal year endingDate received by IRSFormPDF link
2019-092020-10-09990View PDF
2018-092019-10-18990View PDF
2017-092018-11-15990View PDF
2016-092017-10-20990View PDF
2015-092017-04-19990View PDF
...and 7 more Form 990s

Who funds Texas Children's Hospital (TCS)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Greater Houston Community FoundationHealth$4,287,653
 Subscribe to view████ ███$░,░░░,░░░
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...and 173 more grants received
Federal funding details
Federal agencyProgram nameAmount
Department of Health and Human ServicesPREVENTION AND PUBLIC HEALTH FUND (AFFORDABLE CARE ACT): ENHANCED SURVEILL$294,665
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 Subscribe to view████ █ ██ ███ ████ ██████ ████$░░░,░░░
...and 5 more federal grants / contracts

Grants made by TCS

GranteeGrant descriptionAmount
Texas Children's PediatricSupport Non-Profit Philanthropic Org$6,999,998
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...and 61 more grants made

Financials for TCS

RevenuesFYE 09/2019
Total grants, contributions, etc.$72,219,363
Program services$2,494,889,730
Investment income and dividends$14,768,642
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$323,911
Net gain from sale of non-inventory assets$268,374
Net income from fundraising events$-656,334
Net income from gaming activities$0
Net income from sales of inventory$1,405,499
Miscellaneous revenues$18,180,487
Total revenues$2,601,399,672

Personnel at TCS

NameTitleCompensation
Mark A. WallacePresident and Chief Executive Officer$6,781,279
Weldon GageExecutive Vice President and Chief Financial Officer$1,492,417
Ivett ShahVice President$363,592
 Subscribe to viewSenior Vice President$1,205,235
 Subscribe to viewVice President$777,336
...and 2 more key personnel

Organizations like TCS

OrganizationLocationRevenue
Seattle Children's HospitalSeattle, WA$1,866,547,492
Boston Children's Hospital / Children's Hospital CorporationBoston, MA$2,046,728,408
North Carolina Baptist HospitalWinstonsalem, NC$1,907,506,079
Seattle Cancer Care Alliance (SCCA)Seattle, WA$757,282,570
Akron Children's HospitalAkron, OH$909,275,642
Boston Medical Center (BMC)Boston, MA$1,746,461,255
Cincinnati Children's Hospital Medical Center (CCHMC)Cincinnati, OH$2,614,076,252
Children's Mercy HospitalKansas City, MO$1,655,102,903
St Jude Children's Research HospitalMemphis, TN$1,107,969,131
Memorial Sloan-Kettering Cancer CenterNew York, NY$1,067,745,000
Cleveland ClinicIndependence, OH$10,007,442,564
The Nemours FoundationJacksonville, FL$1,437,770,463
Wake Forest University Health SciencesWinstonsalem, NC$1,047,919,534
Ann and Robert H Lurie Children's Hospital of ChicagoChicago, IL$1,129,059,402
Hartford HospitalHartford, CT$1,773,163,439
Mount Sinai Medical Center (MSMC)Miami Beach, FL$724,864,718
Children's MinnesotaMinneapolis, MN$954,151,481
City of Hope National Medical CenterDuarte, CA$1,357,281,176
University of Chicago MedicineChicago, IL$1,906,204,967
The Nebraska Medical CenterOmaha, NE$1,341,572,191
Northshore University HealthsystemEvanston, IL$1,883,046,225
Rady Children's Hospital San Diego (RCHSD)San Diego, CA$1,251,724,381
Hospital for Special Surgery (HSS)New York, NY$1,288,800,208
Children's Hospital of Philadelphia (CHOP)Philadelphia, PA$2,619,803,328
Children's Hospital Los Angeles (CHLA)Los Angeles, CA$1,557,865,860
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$2,601,399,672
2019
Yearly growth
7.2%
% of revenues
n/a
Total expenses
$2,419,593,176
2019
Yearly growth
8.9%
% of expenses
n/a
Total assets
$5,647,281,033
2019
Yearly growth
4.7%
% of assets
n/a
Num. employees
12,738
2019
Yearly growth
10.4%
% of total
n/a
General information
Address
6621 Fannin St
Houston, TX 77030
Metro area
Houston-The Woodlands-Sugar Land, TX
Website URL
texaschildrens.org/ 
Phone
(832) 824-1000
Facebook page
TexasChildrensHospital 
Twitter profile
@texaschildrens 
IRS details
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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