Childrens Hospital & Medical Center Foundation

Analysis

Childrens Hospital & Medical Center Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in April 1983, 43 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 Hospital & Medical Center Foundation reported income of $22.4m and spending of $12.3m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $18.2m to $22.4m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2020, when income rose by 74%. Over the whole period it spent 67% 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 & Medical Center Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within NE. Charities of a similar size with the same main cause include Milestone Centers Inc ($22.4m), Hillside Inc ($22.4m) and Midmichigan Health Services ($22.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. It paid $467k in professional fundraising fees. At year end it held assets of $72.4m against liabilities of $4.8m, net assets of $67.6m.