Christiana Care Health Services Inc

Analysis

Christiana Care Health Services Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in September 1965, 61 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 June 2023, Christiana Care Health Services Inc reported income of $2.70bn and spending of $2.59bn, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.11bn to $2.70bn (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2021, when income rose by 22%. 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, Christiana Care Health Services Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within DE. Charities of a similar size with the same main cause include Beth Israel Deaconess Medical Center Inc ($2.69bn), Childrens Hospital Corporation ($2.71bn) and Rush University Medical Center ($2.66bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $13.9m (0.5% of expenses). Other salaries and wages came to $1.21bn. At year end it held assets of $4.48bn against liabilities of $1.11bn, net assets of $3.38bn. It reported 12,272 employees.