Childrens Hospital

Analysis

Childrens Hospital is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 1942, 84 years ago. Its declared purposes cover health care, 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, Childrens Hospital reported income of $234.3m and spending of $125.6m, leaving 46% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $326.2m to $234.3m (-28%), an average of -7.9% a year. The sharpest change came in the year to June 2021, when income rose by 58%. Over the whole period it spent 45% 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 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 OH. Charities of a similar size with the same main cause include Northeast Behavioral Health Care Consortium ($233.9m), Jefferson Hospital Assn Inc ($234.6m) and South County Hospital Healthcare ($233.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.3% of the total. At year end it held assets of $4.68bn against liabilities of $497k, net assets of $4.68bn.