Childrens Hospital Radiology Foundation Inc

Analysis

Childrens Hospital Radiology Foundation Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Childrens Hospital Radiology Foundation Inc reported income of $44.4m and spending of $43.4m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $38.0m to $44.4m (+17%), an average of +3.9% a year. The sharpest change came in the year to September 2021, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Childrens Hospital Radiology Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Visiting Nurse Health System Inc ($44.3m), Savoy Medical Management Group Inc ($44.4m) and Stephens County Hospital Authority ($44.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 5.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $4.2m (9.7% of expenses). Other salaries and wages came to $20.5m. At year end it held assets of $61.2m against liabilities of $3.3m, net assets of $57.9m. It reported 56 employees.