Childrens Hospital & Research Center at Oakland

Analysis

Childrens Hospital & Research Center at Oakland is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in September 1934, 92 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 June 2023, Childrens Hospital & Research Center at Oakland reported income of $745.4m and spending of $736.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $694.7m to $745.4m (+7.3%), an average of +1.8% a year. Over the whole period it spent 96% 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 & Research Center at Oakland sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Nebraska Methodist Hospital ($743.7m), Bellin Memorial Hospital Inc ($746.1m) and Northwell Health Laboratories ($743.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.5m (0.2% of expenses). Other salaries and wages came to $324.8m. At year end it held assets of $879.4m against liabilities of $442.6m, net assets of $436.8m. It reported 2,955 employees.