Nationwide Childrens Hospital Inc

Analysis

Nationwide Childrens Hospital Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in June 1982, 44 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 December 2021, Nationwide Childrens Hospital Inc reported income of $1.58bn and spending of $1.42bn, spending 90% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $990.9m to $1.58bn (+60%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nationwide Childrens Hospital Inc sits at the 100th percentile: it is one of the largest 1% in its cause. 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 York Hospital ($1.57bn), Loma Linda University Medical Center ($1.58bn) and Childrens Hospital ($1.56bn).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $859k (0.1% of expenses). Other salaries and wages came to $11.3m. At year end it held assets of $428.7m against liabilities of $136.0m, net assets of $292.7m.