Childrens Medical Group Inc
Analysis
Childrens Medical Group Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in January 1995, 31 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 2023, Childrens Medical Group Inc reported income of $109.0m and spending of $109.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $81.1m to $109.0m (+34%), an average of +7.7% a year. Over the whole period it spent 100% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Childrens Medical Group Inc 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 WI. Charities of a similar size with the same main cause include Penobscot Community Health Center ($108.8m), Adventist Health Delano ($109.1m) and Vista Community Clinic ($108.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $5.9m (5.4% of expenses). Other salaries and wages came to $45.6m. At year end it held assets of $37.6m against liabilities of $37.6m, net assets of $0.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 76%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Penobscot Community Health Center | Bangor | $108.8m |
| Adventist Health Delano | Delano | $109.1m |
| Vista Community Clinic | Vista | $108.8m |
| Aspire Health Partners Inc | Orlando | $109.2m |