El Paso Childrens Hospital Corporation
Analysis
El Paso Childrens Hospital Corporation is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, El Paso Childrens Hospital Corporation reported income of $207.4m and spending of $176.9m, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $126.9m to $207.4m (+63%), an average of +13% a year. The sharpest change came in the year to September 2023, when income rose by 26%. 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, El Paso Childrens Hospital Corporation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Covenant Health ($207.1m), Joint Commission on Accreditation of Healthcare Organizations ($207.5m) and Lsu Health Sciences Center - Shreveport Faculty Group Practice ($207.0m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.9m (1.1% of expenses). Other salaries and wages came to $58.8m. At year end it held assets of $204.3m against liabilities of $149.6m, net assets of $54.7m. It reported 1,025 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.4%
- Program services 99%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Covenant Health | Knoxville | $207.1m |
| Joint Commission on Accreditation of Healthcare Organizations | Oakbrook Terrace | $207.5m |
| Lsu Health Sciences Center - Shreveport Faculty Group Practice | Shreveport | $207.0m |
| Tarrant Safety Net Support Corporation | Arlington | $207.8m |