Alabama Childrens Hospital Foundation

Analysis

Alabama Childrens Hospital Foundation is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in May 1986, 40 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alabama Childrens Hospital Foundation reported income of $46.9m and spending of $12.7m, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $49.4m to $46.9m (-5.2%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 27% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alabama Childrens Hospital Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within AL. Charities of a similar size with the same main cause include Adult and Child Mental Health Inc ($46.8m), Northeast Professional Registry of Nurses Inc ($46.9m) and Medical Society of S C ($46.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $1.35bn against liabilities of $564k, net assets of $1.35bn.