Is Texas Childrens Hospital Foundation Legit?

Quick charity verification for Texas Childrens Hospital Foundation (EIN: 202380599)

Verdict: Texas Childrens Hospital Foundation appears trustworthy

95/100Mission Score
$1.6BRevenue
$3.5BAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Texas Children's Hospital Foundation demonstrates strong financial health, consistently reporting substantial assets and revenues. In the 202309 period, the organization reported $3,223,213,948 in assets and $65,346,352 in revenue, with expenses of only $9,278,542. This indicates a significant accumulation of resources relative to its operational spending. The foundation's spending efficiency appears very high, with expenses consistently representing a small fraction of its revenue across multiple years, for example, expenses were $9,278,542 against revenues of $65,346,352 in 202309. This suggests that a large portion of its revenue is either retained or directly channeled towards its mission, likely through grants to the hospital itself, rather than being consumed by administrative or fundraising overhead. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to minimizing executive overhead, which is a strong positive for donor confidence.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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