Texas Health Presbyterian Hospital Plano
Public records show a registered, tax-exempt organization in good standing.
What it says it does
A FAITH-BASED ORGANIZATION WHOSE MISSION IS TO IMPROVE THE HEALTH OF THE PEOPLE IN THE COMMUNITIES IT SERVES REGARDLESS OF THEIR ABILITY TO PAY.
- Income
- $570.0 million
- Spending
- $478.1 million
- Spent on programs
- 83%
- Reserves
- 1.5 months of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 2,267
- Volunteers
- 183
- Highest pay
- $5.6 million, thr ceo/trustee
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 71 out of 100. Higher than 61% of charities in its peer group (health care, over $100m).
Reserves
10 of 35Spendable reserves would cover 1.5 months of spending.
Debt
16 of 20It owes 18% of what it owns.
Living within its means
15 of 15Income exceeded spending by 16% of income.
Income trend
15 of 15Income rose 3% on the year before.
Spending floor
15 of 1583% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 36% of charities in its peer group (health care, over $100m).
Independent board
25 of 2512 of 15 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
10 of 10Gave 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.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, 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)
- $397.7 million spent. Texas Health Presbyterian Hospital Plano ("THP") is a 386-bed facility that has served the cities of Plano and surrounding communities since its opening in 1991. A destination for high acuity neurosurgery, stroke, heart and vascular, and orthopedic care, THP is designated as a Primary Heart Attack Center, Comprehensive Stroke Center, and holds Advanced Certification for Total Hip and Knee Replacement from The Joint Commission. In addition to prioritizing these services, the Magnet-designated hospital places a focus on breast care, cancer care, digestive health, and women & infant's care, among other service lines. Texas Health Seay Behavioral Health Plano, located on the campus, provides inpatient and outpatient behavioral health therapies. A Level II Trauma Center, THP also holds Level IV Comprehensive Maternal Care and Level IV NICU Advanced designations. To keep up with rapid growth in Collin County, Texas Health is investing into the facility, adding an eight-story bed tower. See "SYSTEM FACILITIES AND OPERATIONS OVERVIEW - Strategic Plans and Recent Developments" herein for further details on the expansion. THP has more than 1,700 employees and over 1,300 physicians on its medical staff in more than 65 specialties. During this year, THP had 101,627 patient days, 19,886 discharges, 3,100 births, 95,572 outpatient encounters, and 54,850 emergency room visit. THP provides quality medical healthcare services regardless of the patient's race, creed, sex, national origin, handicap, age, or ability to pay. THP provides care to persons covered by governmental programs, including Medicare and Medicaid, for reimbursement that does not always cover the cost of providing the care. THP also provides charity care to patients who are unable to pay for the services they receive.
Source: Form 990 for the year ending December 31, 2024, 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 October 13, 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 October 13, 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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2001.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 21, 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.