Driscoll Children's Hospital
Nonprofit profile at a glance
- EIN
- 742577746
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Corpus Christi, TX, USA
- Phone
- 3616945021
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, Specialty
Reported finances
- Revenue
- $1,456,858,271
- Expenses
- $916,288,284
- Assets
- $2,370,016,197
- Liabilities
- $352,059,546
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
40 people listed
Executive titles in this filing
- ERIC HAMON (PRESIDENT & CEO)
- MARY D PETERSON MD (EXECUTIVE VICE PRESIDENT & COO)
- MATT WOLTHOFF (PRESIDENT DCH RGV)
Highest reported compensation
- MARY D PETERSON MD (EXECUTIVE VICE PRESIDENT & COO): $2,429,480 total reported compensation
- ERIC HAMON (PRESIDENT & CEO): $2,221,293 total reported compensation
- JENNIFER R HENDERSON (VP GENERAL COUNSEL CECO): $768,533 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Healing Children for Over 70 Years. Each year, Driscoll sees over 150,000 patients across our hospitals, clinics and South Texas’ first free-standing pediatric emergency room. Families from South Texas and beyond come to us with illnesses, injuries and even the rarest conditions. Together, our team of medical staff, medical and surgical specialists, maintenance, administration and volunteers work to bring the very best care to every child we see. While the work of healing children never stops, we make sure families are never in it alone. **Because together, we heal. History and Mission.
What it reported doing in 2024
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.
Operating model
- Revenue model
- Other-operating. 97% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 61
- Accountability: 88
- Sustainability: 82
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.7%; rating input score 62
- Program expense ratio: 96.8%; rating input score 97
- Fundraising efficiency: $6.18 raised per $1 spent on fundraising; rating input score 27; 27th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 78.9%; rating input score 79; 27th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 37.1%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 2.59; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 1.5%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: 12.2% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 11.9% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 12.4% per year; rating input score 100; 79th percentile among comparable filings
Details
- What they do: 7 programs and campaigns described on the official site
- Where the money goes: 61.7% of revenue deployed · 96.8% of spending went to programs
- Governance: 15 of 19 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $886.7M in reported program spending
- Leadership: top reported pay $2.4M · 40 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $65M reported
- Consistency: 35 of 35 current checks pass
- Schedules: 10 filed schedules · includes major donors, foreign activity, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 17 filed money-flow records
- Related organizations: 8 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 27/100.