Texas Children's Hospital
Texas Children's Hospital reported $4.44 billion in revenue and $4.11 billion in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $95.66 went to program services, $3.81 to management and general costs and $0.53 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.4% of the total. The highest compensation it reported for one person was $13,338,019 (BOARD MEMBER, CHAIR & CEO THROUGH 10/4/24). 4,638 people received more than $100,000 in reportable compensation. Revenue rose 69% 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 $4.11BFor 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 $4.44BThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 95.7% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 3.8% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.5% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.19 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 2.6% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.4% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 96.4% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $13,338,019 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.32% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 4,638 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 18.5 | 6.6 |
| Independent voting board members Part VI 1a–1b | 0 of 14 | 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 expensePatient 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. (continued…
Research: Texas Children's hospital created the Texas Children's research institute, a multidisciplinary biomedical research hub that reimagines research to advance disease prevention, diagnosis, and treatment. Texas Children's and baylor researchers at the feigin tower, 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. (continued on schedule o)
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 55 sub-specialty care offerings. During the fiscal year ended september 30, 2025, the…
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 |
|---|---|---|---|---|
| BOARD MEMBER, CHAIR & CEO THROUGH 10/4/24 Director/trustee, officer, 36.0 hrs/week | $13,249,302 | $0 | $88,717 | $13,338,019 |
| BOARD MEMBER / EVP / CFO Director/trustee, 37.0 hrs/week | $2,485,328 | $0 | $633,285 | $3,118,613 |
| BOARD MEMBER / EVP / CHIEF INFORMATION & INNOVATION OFFICER Director/trustee, 38.0 hrs/week | $2,687,305 | $0 | $373,364 | $3,060,669 |
| BOARD MEMBER & CEO AS OF 10/4/24 / PRESIDENT Director/trustee, officer, 34.0 hrs/week | $2,142,794 | $0 | $353,453 | $2,496,247 |
| BOARD MEMBER & EVP & CHIEF HRO THROUGH 10/11/24 Director/trustee, 38.0 hrs/week | $2,046,760 | $0 | $352,076 | $2,398,836 |
| BOARD MEMBER / EVP / CHIEF INVESTMENT OFFICER Director/trustee, 38.0 hrs/week | $1,676,053 | $0 | $457,495 | $2,133,548 |
| BOARD MEMBER / EXECUTIVE VICE PRESIDENT Director/trustee, 23.0 hrs/week | $1,577,989 | $0 | $424,800 | $2,002,789 |
| FORMER OFFICER & SENIOR VICE PRESIDENT Former, 0.0 hrs/week | $1,926,445 | $0 | $63,113 | $1,989,558 |
4,638 people received more than $100,000 in reportable compensation from Texas Children's Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $60M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b14 · 0 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 15aYes
- 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 26Yes
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 515,716
- Volunteers Part I, line 6642
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| BAYLOR COLLEGE OF MEDICINE Physician & faculty svc | $108,089,224 |
| MCKESSON PLASMA AND BIOLOGICS LLC Health solutions | $49,425,061 |
| WS BELLOWS Construction services | $43,896,540 |
| MCKESSON CORPORATION Health solutions | $41,232,277 |
| NETSYNC NETWORK SOLUTIONS INC It solutions | $27,766,579 |
Individuals listed as contractors are left out. 302 contractors were paid more than $100,000 in all.
Private foundation grants it received
115 private foundations reported grants to Texas Children's Hospital totaling $22M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Texas Children's Hospital'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 Hospital, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Texas Children's Hospital spent in FY2025, $95.66 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Sentara HospitalsVirginia Beach, VA · revenue $4.43B · programs 91.9% · 2024
- Kaiser Foundation Health Plan of ColoradoOakland, CA · revenue $4.48B · programs 93.7% · 2024
- Methodist Hospital GroupHouston, TX · revenue $4.40B · programs 87.1% · 2024
- UMASS Memorial Health CARE Inc. & AffiliatesWorcester, MA · revenue $4.57B · programs 88.9% · FY2025
- Osf Healthcare SystemPeoria, IL · revenue $4.39B · programs 82.8% · FY2025
Questions people ask
How much of Texas Children's Hospital's spending goes to programs?
In the fiscal year ending September 30, 2025, Texas Children's Hospital reported that 95.7% of its $4.11 billion in expenses went to program services, 3.8% to management and general and 0.5% to fundraising (Form 990, Part IX).
How much does Texas Children's Hospital pay its top executive?
The largest total compensation Texas Children's Hospital reported for one person in the fiscal year ending September 30, 2025 was $13,338,019, for the role of BOARD MEMBER, CHAIR & CEO THROUGH 10/4/24 (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Texas Children's Hospital get its money?
Of $4.44 billion in revenue in the fiscal year ending September 30, 2025, 2.6% came from contributions and grants (including 0.4% from government grants) and 96.4% from program service revenue (Form 990, Part VIII).
Is Texas Children's Hospital a registered charity?
The IRS lists EIN 74-1100555 as a 501(c)(3) organization (hospital or medical research organization), 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 202602269349303450 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202502269349301555 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202422279349302592 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202312279349304001 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202232259349300213 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202112239349301736 · read the filing
All filings for EIN 74-1100555: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.