Texas Childrens Hospital Foundation

Analysis

Texas Childrens Hospital Foundation is a registered charity in United States, based in Bellaire, TX. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Texas Childrens Hospital Foundation reported income of $65.3m and spending of $9.3m, leaving 86% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $96.5m to $65.3m (-32%), an average of -9.3% a year. The sharpest change came in the year to September 2021, when income rose by 242%. Over the whole period it spent 8.2% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Texas Childrens Hospital Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Benevolent Healthcare Foundation ($65.3m), John Fitzgibbon Memorial Hospital Inc ($65.4m) and Neighborhood Outreach Access to Health ($65.3m).

At year end it held assets of $3.22bn against liabilities of $664.5m, net assets of $2.56bn.