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Health : Medical Research

Texas Heart Institute

Leading with the heart

two stars

76.87

6770 Bertner Avenue Houston, TX 77030
tel: (832) 355-3792   Web Site
EIN: 74-6053200

Board Leadership
Eric Wade
Chairman

CEO
James T. Willerson
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 76.87 two stars
  Financial 70.94 two stars
  Accountability & Transparency 85.00 three stars
This rating was published 07/01/2017 and includes data from FY2015, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

two stars

70.94

Accountability & Transparency

three stars

85.00

This rating was published 07/01/2017 and includes data from FY2015, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
53.3%
  Administrative Expenses 42.1%
  Fundraising Expenses 4.5%
  Fundraising Efficiency $0.05
  Working Capital Ratio (years) 2.42
  Program Expenses Growth -13.7%
  Liabilities to Assets 7.8%
All data for Financial Performance Metrics calculations was provided by Texas Heart Institute on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Texas Heart Institute on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Texas Heart Institute (TX) 76.87 two stars
CurePSP, Inc. (NY) 90.60 four stars
Pediatric Brain Tumor Foundation (NC) 85.09 three stars
Sarcoma Foundation of America (MD) 96.55 four stars
Ovarian Cancer Research Fund Alliance (NY) 94.07 four stars

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Founded in 1962, the Texas Heart Institute is dedicated to reducing the devastating toll of cardiovascular disease through innovative programs in research, education and patient care. The Texas Heart Institute and its clinical partner, St. Luke's Episcopal Hospital, have become one of the nation's largest cardiovascular centers. Members of the Institute's 160 member professional staff have performed more than 100,000 open heart operations, 200,000 cardiac catheterizations and 1,000 heart transplants - experience no other facility can match. The Texas Heart Institute has offered hope to victims of cardiovascular disease around the world. As long as heart disease remains a threat to all our lives, its efforts will continue.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $17,606,997
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $11,991,065
   Government Grants $0
Total Contributions $29,598,062
   Program Service Revenue $689,516
Total Primary Revenue $30,287,578
   Other Revenue $3,161,505
TOTAL REVENUE $33,449,083
   
EXPENSES  
   Program Expenses $17,004,784
   Administrative Expenses $18,146,229
   Fundraising Expenses $3,662,832
TOTAL FUNCTIONAL EXPENSES $38,813,845
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-5,364,762
   
Net Assets $96,194,012

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Medical Research $14,884,005 87.5%
Education $2,100,710 12.4%
Patient Assistance $20,069 0.1%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-12 07/01/2017 76.87 two stars
2014-12 06/01/2016 76.27 two stars
 
CN 2.0
2013-12 07/01/2015 79.63 two stars
2012-12 05/01/2014 78.48 two stars
2011-12 07/01/2013 82.30 three stars
2010-12 04/01/2012 84.65 three stars
2009-12 09/20/2011 80.97 three stars
 
CN 1.0
2009-12 05/01/2011 76.68 two stars
2008-12 06/01/2010 85.72 three stars
2007-12 07/01/2009 87.67 three stars
2006-12 07/01/2008 84.36 three stars
2005-12 04/01/2008 83.81 three stars
2004-09 01/01/2006 76.58 two stars
2003-09 12/01/2004 71.46 two stars
2002-09 01/01/2004 86.88 three stars
2001-09 10/15/2002 78.94 two stars
2000-09 04/15/2002 82.77 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 74-6053200
Name in IRS Master File TEXAS HEART INSTITUTE
NTEE Code H43
NTEE Classification Heart, Circulatory Research
NTEE Type Medical Research
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (181) Scientific research for government
(59) Other school related activities
Foundation Status Hospital or medical research organization 170(b)(1)(A)(iii)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date May, 1964
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012
  • December, 2011

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$404,669 1.04% Marc C. Mattsson CEO
Other Salaries of Note
$532,573 1.37% Denton A. Cooley President Emeritus
$468,587 1.20% Doris A. Taylor Director, Regeneration
$433,727 1.11% Richard A. Dixon Director of Research

Founded in 1962, the Texas Heart Institute is dedicated to reducing the devastating toll of cardiovascular disease through innovative programs in research, education and patient care. The Texas Heart Institute and its clinical partner, St. Luke's Episcopal Hospital, have become one of the nation's largest cardiovascular centers. Members of the Institute's 160 member professional staff have performed more than 100,000 open heart operations, 200,000 cardiac catheterizations and 1,000 heart transplants - experience no other facility can match. The Texas Heart Institute has offered hope to victims of cardiovascular disease around the world. As long as heart disease remains a threat to all our lives, its efforts will continue.

Highly Rated

Charity Name & State Overall Score Overall Rating
Texas Heart Institute (TX) 76.87 two stars
Conquer Cancer Foundation of the American Society of Clinical Oncology (VA) 97.23 four stars
It's The Journey, Inc. (GA) 92.92 four stars
Huntington Medical Research Institutes (CA) 86.73 three stars
CurePSP, Inc. (NY) 90.60 four stars

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Charity Contact Info

Texas Heart Institute
6770 Bertner Avenue
Houston, TX 77030
tel: (832) 355-3792
EIN: 74-6053200

Mail donations to:
Development Office, MC 3-117
P.O. Box 20345
Houston, TX 77225

Visit Web Site

Board Leadership

Eric Wade
Chairman

CEO

James T. Willerson
Chief Executive Officer

[ X ]

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