Seattle Childrens Hospital

Analysis

Seattle Childrens Hospital is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 1986, 40 years ago. 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 September 2023, Seattle Childrens Hospital reported income of $228k and spending of $314k, spending 137% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $309k to $228k (-26%), an average of -7.3% a year. The sharpest change came in the year to September 2022, when income rose by 24%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seattle Childrens Hospital sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include The Childrens Center Endowment Trust ($228k), Protestant School Kindergarten of Goldsboro NC Inc ($228k) and Unity Volunteer Fire Dept ($228k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $233k against liabilities of $0, net assets of $233k.