Childrens Hospital & Research Center Foundation

Analysis

Childrens Hospital & Research Center Foundation is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in December 1967, 59 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 June 2023, Childrens Hospital & Research Center Foundation reported income of $23.5m and spending of $22.6m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $40.8m to $23.5m (-42%), an average of -13% a year. The sharpest change came in the year to June 2020, when income dropped by 45%. Over the whole period it spent 102% 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 Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Journey Mental Health Center Inc ($23.5m), Valle Del Sol Inc ($23.6m) and Shatterproof a Nonprofit Corp ($23.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $113k (0.5% of expenses). Other salaries and wages came to $3.3m. It paid $11k in professional fundraising fees. At year end it held assets of $363.3m against liabilities of $24.0m, net assets of $339.3m.