Childrens Health Care Foundation

Analysis

Childrens Health Care Foundation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in October 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 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 December 2023, Childrens Health Care Foundation reported income of $23.9m and spending of $22.8m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $19.6m to $23.9m (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Childrens Health Care Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include St Marks Medical Center ($23.9m), River Valley Primary Care Services Incorporated ($23.9m) and Toiyabe Indian Health Project Inc ($23.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. Compensation of current officers, directors and key employees was $1.0m (4.5% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $95.9m against liabilities of $7.3m, net assets of $88.6m. It reported 28 employees.