Childrens Health System of Texas

Analysis

Childrens Health System of Texas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 1949, 77 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 December 2023, Childrens Health System of Texas reported income of $2.44bn and spending of $2.10bn, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.57bn to $2.44bn (+55%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Childrens Health System of Texas sits at the 100th percentile: it is one of the largest 1% in its cause. 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 Kaiser Foundation Health Plan of Georgia Inc ($2.42bn), St Lukes Regional Medical Center ($2.46bn) and Presbyterian Healthcare Services ($2.39bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $33.6m (1.6% of expenses). Other salaries and wages came to $787.6m. At year end it held assets of $8.33bn against liabilities of $2.87bn, net assets of $5.46bn. It reported 10,616 employees.