Seattle Childrens Healthcare System

Analysis

Seattle Childrens Healthcare System is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 1984, 42 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 September 2023, Seattle Childrens Healthcare System reported income of $30.3m and spending of $30.2m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $50.9m to $30.3m (-41%), an average of -12% a year. The sharpest change came in the year to September 2021, when income rose by 161%. Over the whole period it spent 24% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Seattle Childrens Healthcare System sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Kaplan General Hospital Inc ($30.3m), Johns Hopkins Pediatrics at Home Inc ($30.3m) and Allied Services Institute of Rehabilitation Medicine ($30.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 33% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $8.0m (27% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $1.18bn against liabilities of $17.3m, net assets of $1.16bn. It reported 22 employees.