Ascension Texas Heart & Vascular Institute
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
Rooted in the loving ministry of Jesus as healer, we commit ourselves to serving all persons with special attention to those who are poor and vulnerable. Our Catholic health ministry is dedicated to spiritually-centered, holistic care which sustains and improves the health of individuals and communities. We are advocates for a compassionate and just society through our actions and our words.
- Income
- $3,286
- Spending
- $43.1 million
- Spent on programs
- 93%
- Reserves
- -1.7 months of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $1.8 million, former officer (end 8/2022)
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 15 out of 100. Higher than 4% of charities in its peer group (health care, under $250k).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 1072% of what it owns.
Living within its means
0 of 15Spending exceeded income by 1311584% of income.
Income trend
0 of 15Income fell 99% on the year before.
Spending floor
15 of 1592% of spending went to programs.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 59 out of 100. Higher than 35% of charities in its peer group (health care, under $250k).
Independent board
5 of 250 of 11 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $39.9 million spent. THE FILING ORGANIZATION IS A PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY. ASCENSION IS A FAITH-BASED HEALTHCARE ORGANIZATION THAT DELIVERS PERSONALIZED, COMPASSIONATE CARE TO ALL, ESPECIALLY TO THOSE WHO NEED IT THE MOST. Ascension Texas Cardiovascular is a Texas non-profit health organization that, through an exclusive professional services agreement ("PSA"), has assembled cardiologists and other cardiac specialists to provide a continuum of cardiology care in the Central Texas area. Ascension Texas Cardiovascular, through the PSA, is dedicated to improving access to patients in need of cardiology care in Central Texas, especially for those in our population who are most vulnerable. Cardiology services provided to the community through Ascension Texas Cardiovascular include but are not limited to: * General cardiology * Advanced cardiac imaging * Interventional coronary therapies * Chest pain clinic * Electrophysiology * Afib clinic * Women's heart health clinic * Structural heart therapies - TAVR, Mitraclip, LAAO implants * Peripheral vascular intervention * Vascular medicine * Advanced heart failure * Heart transplant and mechanical circulatory support * ECMO * Heart failure bridge clinic * Cardiac rehabilitation * Adult congenital care * The first dedicated Chest Pain clinic in Central Texas * The first dedicated Cardiovascular Fellowship training programs in Central Texas (general cardiology, interventional, electrophysiology) * Cardio-oncology Some of the services listed above operate at a loss in order to ensure that all services are available to meet community health care needs. Ascension Texas Cardiovascular furthers its charitable purposes by providing a broad array of cardiovascular services to the community. Accomplishments: Established clinical relationship through PSA agreement to expand access to cardiovascular services in the broad Central Texas area.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.