Childrens Hospital of Chicago Medical Center

Analysis

Childrens Hospital of Chicago Medical Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1987, 39 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 August 2023, Childrens Hospital of Chicago Medical Center reported income of $61.9m and spending of $102.8m, spending 166% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $51.7m to $61.9m (+20%), an average of +4.6% a year. The sharpest change came in the year to August 2022, when income rose by 76%. Over the whole period it spent 101% 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 of Chicago Medical Center sits at the 94th percentile: it is larger than about 94% 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 Baylor Health Care System ($61.9m), Eastern Maine Healthcare Systems ($62.0m) and Cahaba Medical Care Foundation ($61.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Other salaries and wages came to $42.4m. At year end it held assets of $31.7m against liabilities of $26.6m, net assets of $5.1m. It reported 276 employees.