Phoenix Childrens Hospital Foundation

Analysis

Phoenix Childrens Hospital Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 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 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, Phoenix Childrens Hospital Foundation reported income of $43.5m and spending of $38.6m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $40.1m to $43.5m (+8.4%), an average of +2.0% a year. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Phoenix Childrens Hospital Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within AZ. Charities of a similar size with the same main cause include Caring Health Center Inc ($43.5m), Gateway Community Health Center Inc ($43.5m) and Southcoast Visiting Nurse Association Inc ($43.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $1.1m (2.9% of expenses). Other salaries and wages came to $10.1m. It paid $1.6m in professional fundraising fees. At year end it held assets of $174.4m against liabilities of $273k, net assets of $174.2m.