Childrens Hospital Neonatal Consortium Inc

Analysis

Childrens Hospital Neonatal Consortium Inc is a registered charity in United States, based in Dover, DE. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover medical research, 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 December 2023, Childrens Hospital Neonatal Consortium Inc reported income of $2.1m and spending of $2.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.1m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 85% 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 Neonatal Consortium Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within DE. Charities of a similar size with the same main cause include Whitemarsh House Inc ($2.1m), Transformational Living Homes Incorporated ($2.1m) and Autistic Self Advocacy Network ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $351k (17% of expenses). Other salaries and wages came to $260k. At year end it held assets of $3.4m against liabilities of $9,553, net assets of $3.4m. It reported 4 employees.