The Childrens Hospital of Philadelphia Practice Association

Analysis

The Childrens Hospital of Philadelphia Practice Association is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 1986, 40 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Childrens Hospital of Philadelphia Practice Association reported income of $14.5m and spending of $47.2m, spending 326% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.7m to $14.5m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 247% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Childrens Hospital of Philadelphia Practice Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Aliados Health Network ($14.5m), Healing Transitions Inc ($14.5m) and Adult & Teen Challenge Northeast Inc ($14.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Other salaries and wages came to $35.8m. At year end it held assets of $5.0m against liabilities of $0, net assets of $5.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.