Texas Childrens Physician Group

Analysis

Texas Childrens Physician Group is a registered charity in United States, based in Bellaire, TX. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Texas Childrens Physician Group reported income of $670.5m and spending of $675.6m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $538.4m to $670.5m (+25%), an average of +5.6% a year. Over the whole period it spent 100% 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 Physician Group sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Adena Health System ($670.0m), Altru Health System ($672.6m) and Harvard Medical Faculty Phys at Beth Israel Deaconess Med Ctr Inc ($666.6m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $4.5m (0.7% of expenses). Other salaries and wages came to $36.5m. At year end it held assets of $94.0m against liabilities of $97.6m, net assets of -$3.6m. It reported 214 employees.