East Tennessee Childrens Hospital Association Inc

Analysis

East Tennessee Childrens Hospital Association Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in June 1952, 74 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, East Tennessee Childrens Hospital Association Inc reported income of $289.2m and spending of $278.4m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $220.4m to $289.2m (+31%), an average of +9.5% a year. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, East Tennessee Childrens Hospital Association Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TN. Charities of a similar size with the same main cause include Mercy Hospital ($288.6m), Fletcher Hospital Inc ($289.7m) and SB Clinical Practice Management Plan Inc ($288.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $3.7m (1.3% of expenses). Other salaries and wages came to $114.7m. At year end it held assets of $602.2m against liabilities of $215.6m, net assets of $386.6m. It reported 2,355 employees.