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 $11.5m and spending of $11.4m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.4m to $11.5m (+37%), an average of +8.1% a year. The sharpest change came in the year to September 2021, when income rose by 23%. Over the whole period it spent 100% 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 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within WA. Charities of a similar size with the same main cause include Class Ltd ($11.5m), Nreca Research ($11.5m) and LA Raza Services Inc ($11.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 115% of the total. At year end it held assets of $194k against liabilities of $0, net assets of $194k.