Texas Children's Physician Group

Also known as Texas Children's Physician Svcs Org

Bellaire, TX · EIN 26-0834681 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Texas Children's Physician Group reported $811.4 million in revenue and $816.6 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $99.84 went to program services, $0.16 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 100.0% of the total. The highest compensation it reported for one person was $2,002,789 (PRESIDENT AS OF 1/29/25 / EXECUTIVE VICE PRESIDENT). 96 people received more than $100,000 in reportable compensation. Revenue rose 50% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $817M

Program services$99.84 $815M
Management & general$0.16 $1.3M
Fundraising$0.00 $0

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $811M

Contributions & grants (non-government)$0.01 $75,847
Program service revenue$99.98 $811M
Investment income$0.01 $86,144

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure	FY2025	Median
Program services Part IX 25(B) ÷ 25(A)	99.8%	85.6%
Management & general Part IX 25(C) ÷ 25(A)	0.2%	13.7%
Fundraising Part IX 25(D) ÷ 25(A)	0.0%	0.0%
Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h	Not reported	$0.00
Contributions & grants share of revenue Part VIII 1h ÷ 12	0.0%	1.3%
Government grants share of revenue Part VIII 1e ÷ 12	0.0%	0.1%
Program service revenue share Part VIII 2g ÷ 12	100.0%	93.7%
Highest reported compensation Part VII-A, columns D–F	$2,002,789	$975,831
Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A)	0.25%	1.34%
People paid over $100,000 Part VII, line 2	96	27
Net assets, in months of expenses Part X 33(B) ÷ monthly expenses	-0.2	6.6
Independent voting board members Part VI 1a–1b	1 of 5	88.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense

$815M expenses · 100.0% of program spending · revenue $811M

Texas Children's Physician Group performs managed care contracting, billing and collection services for baylor college of medicine faculty and other healthcare professionals who provide services at Texas Children's hospital or who participate in Texas Children's programs

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here

Role	From this org	From related orgs	Other	Total
PRESIDENT AS OF 1/29/25 / EXECUTIVE VICE PRESIDENT Officer, 12.0 hrs/week	$0	$1,577,989	$424,800	$2,002,789
FORMER OFFICER & SENIOR VICE PRESIDENT Former, 0.0 hrs/week	$0	$1,926,445	$63,113	$1,989,558
EXECUTIVE VICE PRESIDENT Key employee, 1.0 hrs/week	$0	$1,196,323	$363,379	$1,559,702
BOARD MEMBER / PHYSICIAN / IN-CHIEF Director/trustee, 38.0 hrs/week	$970,027	$0	$275,094	$1,245,121
FORMER KEY EMPLOYEE / SENIOR VICE PRESIDENT Former, 4.0 hrs/week	$0	$1,083,295	$143,865	$1,227,160
BOARD SECRETARY THROUGH 10/11/24 Officer, 1.0 hrs/week	$0	$880,644	$158,509	$1,039,153
BOARD SECRETARY AS OF 10/12/24 / SVP & GENERAL COUNSEL Officer, 1.0 hrs/week	$0	$872,460	$121,339	$993,799
PRESIDENT THROUGH 1/29/25 Officer, 1.0 hrs/week	$0	$855,429	$124,014	$979,443

96 people received more than $100,000 in reportable compensation from Texas Children's Physician Group (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.3M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked

RevenueExpenses

Filing	Revenue	Expenses	Programs	Net assets	Top pay
FY2025 ⓘ	$811M	$817M	99.8%	−$14M	$2,002,789
FY2024 ⓘ	$780M	$786M	99.8%	−$9.1M	$1,682,676
FY2023 ⓘ	$670M	$676M	100.0%	−$3.6M	$2,252,417
FY2022 ⓘ	$617M	$620M	99.8%	$1.5M	$2,398,993
FY2021 ⓘ	$546M	$546M	100.0%	$22M	$1,747,925
FY2020 ⓘ	$542M	$542M	100.0%	$22M	$1,259,518

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means

Voting board members, and how many are independent Part VI, lines 1a–1b5 · 1 independent
Audited financial statements Part XII 2bYes
Conflict-of-interest policy Part VI 12aYes
Whistleblower policy Part VI 13Yes
Document retention policy Part VI 14Yes
Independent process for top executive pay Part VI 15aNo
Board given the 990 before filing Part VI 11aYes
Family or business ties among insiders Part VI 2No
Aware of a significant diversion of assets Part VI 5No
Excess benefit transaction with an insider Part IV 25aNo
Loans to or from insiders outstanding Part IV 26No
Lobbying, or a 501(h) election in effect Part IV 4No
Over $15,000 of professional fundraising services Part IV 18No
Over $10,000 of activity outside the U.S. Part IV 14bYes
Employees Part I, line 5188
Volunteers Part I, line 61

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only

CHG COMPANIES INC Employment agency	$3,665,374
TMH PHYSICIAN ORGANIZATION Hospital physician services	$398,190

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Texas Children's Physician Group's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Texas Children's Physician Group, you can publish a response that is linked from this page.

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Similar-sized charities in this cause

St Vincent Hospital
Santa Fe, NM · revenue $810M · programs 83.6% · FY2025
City of Hope Medical Foundation
Duarte, CA · revenue $813M · programs 78.9% · FY2025
Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center
Boston, MA · revenue $810M · programs 97.9% · FY2025
The Hospital of Central Connecticut
New Britain, CT · revenue $814M · programs 92.7% · FY2025
Shelby County Health Care Corporation
Memphis, TN · revenue $809M · programs 95.0% · FY2025

All health care charities · Largest charities in Texas

Questions people ask

How much of Texas Children's Physician Group's spending goes to programs?

In the fiscal year ending September 30, 2025, Texas Children's Physician Group reported that 99.8% of its $816.6 million in expenses went to program services, 0.2% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Texas Children's Physician Group pay its top executive?

The largest total compensation Texas Children's Physician Group reported for one person in the fiscal year ending September 30, 2025 was $2,002,789, for the role of PRESIDENT AS OF 1/29/25 / EXECUTIVE VICE PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Texas Children's Physician Group get its money?

Of $811.4 million in revenue in the fiscal year ending September 30, 2025, 0.0% came from contributions and grants and 100.0% from program service revenue (Form 990, Part VIII).

Is Texas Children's Physician Group a registered charity?

The IRS lists EIN 26-0834681 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202642269349302734 · read the filing
FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202522269349300437 · read the filing
FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202432279349302593 · read the filing
FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202332269349302588 · read the filing
FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202222259349300212 · read the filing
FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122239349300947 · read the filing

All filings for EIN 26-0834681: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.