Childrens Physician Services of South Texas

Analysis

Childrens Physician Services of South Texas is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Childrens Physician Services of South Texas reported income of $88.8m and spending of $105.9m, spending 119% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $55.3m to $88.8m (+61%), an average of +13% a year. The sharpest change came in the year to August 2020, when income rose by 44%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Childrens Physician Services of South Texas sits at the 95th percentile: it is larger than about 95% 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 Morselife Home Care Inc ($88.7m), Paralyzed Veterans of America ($89.0m) and South Shore Medical Center ($88.7m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $3.5m (3.3% of expenses). Other salaries and wages came to $73.6m. At year end it held assets of $12.6m against liabilities of $237k, net assets of $12.4m. It reported 382 employees.