Childrens Memorial Hospital Self

Analysis

Childrens Memorial Hospital Self is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 1977, 49 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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 Memorial Hospital Self reported income of $27.9m and spending of $33.7m, spending 121% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $36.9m to $27.9m (-25%), an average of -6.8% a year. The sharpest change came in the year to August 2022, when income rose by 135%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Memorial Hospital Self sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Georgia Community Support and Solutions Inc ($27.8m), Goodwill Industries of South Texas Inc ($27.9m) and American Public Works Association ($27.8m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 78% of the total. Compensation of current officers, directors and key employees was $3,230 (0.0% of expenses). At year end it held assets of $151.0m against liabilities of $0, net assets of $151.0m.