Childrens Hospital Colorado

Analysis

Childrens Hospital Colorado is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in April 1938, 88 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 Colorado reported income of $1.88bn and spending of $1.90bn, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.33bn to $1.88bn (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 97% 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 Colorado sits at the 100th 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 CO. Charities of a similar size with the same main cause include Neighborhood Health Plan of Rhode Island ($1.88bn), Bon Secours Richmond Health System ($1.89bn) and Sutter Health ($1.88bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $12.9m (0.7% of expenses). Other salaries and wages came to $817.6m. At year end it held assets of $2.33bn against liabilities of $1.04bn, net assets of $1.29bn. It reported 10,924 employees.