LA Rabida Childrens Hospital

Analysis

LA Rabida Childrens Hospital is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1932, 94 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 June 2023, LA Rabida Childrens Hospital reported income of $96.6m and spending of $71.1m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $65.1m to $96.6m (+48%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, LA Rabida Childrens Hospital sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Aurelia Osborn Fox Memorial Hospital ($96.3m), Beatrice Community Hospital & Health Center Inc ($96.7m) and Southern Illinois Medical Services NFP ($96.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $3.3m (4.6% of expenses). Other salaries and wages came to $32.8m. At year end it held assets of $262.8m against liabilities of $20.3m, net assets of $242.5m. It reported 692 employees.