Driscoll Childrens Hospital

Organization Overview

Driscoll Childrens Hospital is located in Corpus Christi, TX. The organization was established in 1991. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 08/2021, Driscoll Childrens Hospital employed 2,043 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Driscoll Childrens Hospital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2021, Driscoll Childrens Hospital generated $499.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $334.5m during the year ending 08/2021. While expenses have increased by 3.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

REMEMBERING ALWAYS OUR COMMITMENT TO RELIEVE SUFFERING AND MEET THE NEEDS OF CHILDREN; IT IS OUR MISSION TO OFFER HOPE & HEALING IN ANENVIRONMENT OF TRUST, COMPASSION, & CARE.

Describe the Organization's Program Activity:

PROVISION OF HIGH QUALITY HOSPITAL, MEDICAL, AND NURSING SERVICES TO CHILDREN IN THE SURROUNDING SOUTH TEXAS REGION WITHOUT REGARD TO THE ABILITY TO PAY. CARE IS PERFORMED ON BOTH AN INPATIENT AND AN OUTPATIENT BASIS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Fulton Construction Corpcoastcon C
Construction Svcs
$18,123,102
Completerx Ltd
Pharmaceutical Svcs
$6,541,616
Sodexo Services Of Texas Lp
Management Services
$3,301,084
Cvscaremark
Pharmaceutical Svcs
$8,246,592
Epic System Corp
It Services
$2,184,103
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$2,345,598
Government grants $10,628,435
All other contributions, gifts, grants, and similar amounts not included above$214,521
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$13,188,554
Total Program Service Revenue$366,603,838
Investment income $35,660,653
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $3,644,653
Net Gain/Loss on Asset Sales $11,030,433
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $499,359,413

Grants Recieved

Over the last fiscal year, we have identified 19 grants that Driscoll Childrens Hospital has recieved totaling $663,326.

Awarding OrganizationAmount
Robert J Kleberg Jr And Helen C Kleberg Foundation

San Antonio, TX

PURPOSE: SUPPORT MEDICAL STUDY

$201,140
United Way Of The Coastal Bend Inc

Corpus Christi, TX

PURPOSE: program support

$162,864
Cystic Fibrosis Foundation

Bethesda, MD

PURPOSE: CF CARE CENTER

$121,925
Prichard Family Foundation

Dallas, TX

PURPOSE: CHARITABLE

$77,500
Yvonne H Simard Foundation

Corpus Christi, TX

PURPOSE: CHILDRENS HEALTH PROGRAMS

$20,000
Ruth Parr Sparks Foundation

Alice, TX

PURPOSE: CHARITY CHILDRENS HOSPITAL

$17,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,809,830
Earnings$3,806,501
Net Contributions$242,068
Ending Balance$16,858,399

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