Childrens Hospital Foundation

Analysis

Childrens Hospital Foundation is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 1964, 62 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 Foundation reported income of $19.8m and spending of $19.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.6m to $19.8m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 79% 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 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within KY. Charities of a similar size with the same main cause include T J Health Columbia Inc ($19.8m), Vnacare ($19.8m) and Mission City Community Network Inc ($19.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $386k (2.0% of expenses). Other salaries and wages came to $1.5m. It paid $266k in professional fundraising fees. At year end it held assets of $124.9m against liabilities of $2.4m, net assets of $122.6m. It reported 28 employees.