Childrens Hospital of Alabama

Analysis

Childrens Hospital of Alabama is a registered charity in United States, based in Birminhgam, AL. It received its IRS tax-exemption ruling in October 1942, 84 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 December 2023, Childrens Hospital of Alabama reported income of $909.3m and spending of $854.3m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $760.6m to $909.3m (+20%), an average of +4.6% a year. 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, Childrens Hospital of Alabama sits at the 99th 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 AL. Charities of a similar size with the same main cause include North Memorial Health Care ($907.6m), Saint Joseph Health System Inc ($911.3m) and Geisinger Wyoming Valley Medical Center ($905.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $5.3m (0.6% of expenses). Other salaries and wages came to $350.9m. At year end it held assets of $1.02bn against liabilities of $556.5m, net assets of $461.8m. It reported 6,568 employees.