Ann & Robert H Lurie Childrens Hospital of Chicago Foundation

Analysis

Ann & Robert H Lurie Childrens Hospital of Chicago Foundation 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Ann & Robert H Lurie Childrens Hospital of Chicago Foundation reported income of $84.6m and spending of $83.7m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $72.2m to $84.6m (+17%), an average of +4.0% a year. The sharpest change came in the year to August 2022, when income rose by 36%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ann & Robert H Lurie Childrens Hospital of Chicago Foundation 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 Ohio County Hospital Corporation ($84.3m), Moses Cone Physician Services Inc ($84.6m) and Interborough Developmental & Consultation Center Inc ($84.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $10.7m. It paid $1.9m in professional fundraising fees. At year end it held assets of $1.8m against liabilities of $3.4m, net assets of -$1.6m.