Radiology Associates of Childrens Hospital Inc

Analysis

Radiology Associates of Childrens Hospital Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 1995, 31 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 June 2023, Radiology Associates of Childrens Hospital Inc reported income of $40.6m and spending of $41.5m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $34.6m to $40.6m (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Radiology Associates of Childrens Hospital 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 98th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Bert Nash Community Mental Health Center Inc ($40.6m), Montage Medical Group ($40.6m) and Nurse Family Partnership ($40.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $3.5m (8.4% of expenses). Other salaries and wages came to $24.6m. At year end it held assets of $48.1m against liabilities of $7.7m, net assets of $40.4m.