Childrens Medical Center Foundation

Analysis

Childrens Medical Center Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 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, Childrens Medical Center Foundation reported income of $109.8m and spending of $48.2m, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $75.2m to $109.8m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2021, when income rose by 406%. Over the whole period it spent 33% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Childrens Medical Center Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Cumberland Family Medical Center Inc ($109.8m), New Vista of the Bluegrass Inc ($109.8m) and Gaudenzia Inc ($109.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% of the total. Other salaries and wages came to $12.0m. It paid $472k in professional fundraising fees. At year end it held assets of $2.36bn against liabilities of $15.9m, net assets of $2.34bn.