Orthopaedic Institute for Children Foundation

Analysis

Orthopaedic Institute for Children Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1926, 100 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Orthopaedic Institute for Children Foundation reported income of $24.4m and spending of $5.0m, leaving 79% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.7m to $24.4m (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2021, when income dropped by 39%. Over the whole period it spent 37% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Orthopaedic Institute for Children Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Wendell Fosters Campus for Developmental Disabilities Inc ($24.4m), Nemaha Valley Community Hospital ($24.5m) and Mercy Hospital Cassville ($24.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 1.0% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $229.0m against liabilities of $3.4m, net assets of $225.6m.