Texas · Nonprofit
TEXAS MEDICAL CENTER
TEXAS MEDICAL CENTER (Texas) receives grants from 8 organizations whose IRS filings report $704,907 to it, the largest being ASTROS FOUNDATION ($400,000). 2 of them have funded it in more than one year.
- Revenue FY2024
- $142M
- Funders on record
- 8
- Grants received
- $705k
- Net assets
- $593M
What Texas Medical Center does
Mission
The mission of the Texas Medical Center ("tmc") is to promote the highest quality health status for all people by assisting institutions of the Texas Medical Center to achieve individual and collective goals of the highest possible standards of patient and preventive care, of research and education, and of local, national and international community well-being.
As stated on its FY2024 Form 990.
Programs
Multi-institutional collaboration become the world leader in health and life sciences by leveraging and promoting the collective power of tmc's renowned institutions, strategic partnerships and councils to serve the health, education and research needs of texas and the world.
$5,934,248 spent7% of program spendingBusiness services provides services, such as parking, hospitality, leasing, and police services, to tmc member institutions, employees, visitors and the community.
$57,939,090 spent$108,605,462 earned by the program66% of program spendingCampus development of our land and campus for institutional plans and urban planning to promote and provide support and police security for our member institutes, patients and visitors. Maintains the infrastructure for the shared, centrally managed campus, providing maintenance for its streets, sidewalks, green space, and shared commons space.
$9,300,772 spent$7,005,235 earned by the program11% of program spendingContributions and sponsorships
$1,820,723 spentof which $1,820,723 as grants2% of program spendingCPRIT/ACT Grant
$517,897 spent1% of program spendingHelix Park Campus
$12,546,836 spent14% of program spending
The 6 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $88,059,566.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $532M to $721M (+36%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 1%. Grants only. Government contracts and fees sit inside program revenue.
2% of TEXAS MEDICAL CENTER’s revenue is contributions — more donation-reliant than the typical peer (1% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Greg Moore
Director, chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2020: the base held at 3 funders, grant income rose $16k → $417k.
Left out of every figure on this page: $10k from one payer (the payer shares this organization's board, largest Texas Children's Hospital). These are real filings, and they are not money TEXAS MEDICAL CENTER raised.
From the IRS filings of TEXAS MEDICAL CENTER’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
TEXAS MEDICAL CENTER leans on a few funders — its largest provides 57% of grant income and the top three 94%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 48% · 2018 60% · 2019 100% · 2020 96% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
50% of TEXAS MEDICAL CENTER's funders are still giving 1 year after their first grant; 25% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2020, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
97% of TEXAS MEDICAL CENTER's grant income comes from Texas funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
TEXAS MEDICAL CENTER runs a healthier operating margin than three-quarters of the 2,075 health nonprofits its size.
this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024
Government funding TEXAS MEDICAL CENTER receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $673k on record.
- Department of Health and Human Services$483k
- Department of Agriculture$139k
- Department of Veterans Affairs$51k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like TEXAS MEDICAL CENTER
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Texas
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
77% of spending goes to programs.
Governance
Public support
53%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 5 related entities
- Tmc Heating and Cooling Services Corp · exempt
- Texas Medical Center Foundation · exempt
- Texas Medical Center Venture Fund · exempt
- Tmc3 Development Corporation · exempt
- Texas Medical Center Hospitality · exempt
Screen this organization
A dated, signed PDF of the compliance screen for TEXAS MEDICAL CENTER: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds TEXAS MEDICAL CENTER?
- TEXAS MEDICAL CENTER (Texas) receives grants from 8 organizations whose IRS filings report $704,907 to it, the largest being ASTROS FOUNDATION ($400,000). 2 of them have funded it in more than one year.
- How many funders does TEXAS MEDICAL CENTER have?
- IRS filings report 8 organizations giving $704,907 in grants to TEXAS MEDICAL CENTER, 2 of which have funded it in more than one year.
- Who is the largest funder of TEXAS MEDICAL CENTER?
- ASTROS FOUNDATION is the largest funder on record, with $400,000 in grants. The full list of funders is on this page.
- How can an organization like TEXAS MEDICAL CENTER find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing