Childrens Hospital Foundation

Analysis

Childrens Hospital Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1990, 36 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 June 2023, Childrens Hospital Foundation reported income of $123.3m and spending of $69.5m, leaving 44% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $68.7m to $123.3m (+79%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 144%. Over the whole period it spent 53% 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 Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within DC. Charities of a similar size with the same main cause include Memorial Hermann Pharmacy Services LLC ($123.2m), Uintah Basin Medical Center ($123.4m) and Newark Wayne Community Hospital ($123.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $615k (0.9% of expenses). Other salaries and wages came to $11.3m. It paid $1.5m in professional fundraising fees. At year end it held assets of $803.6m against liabilities of $2.4m, net assets of $801.1m.