Health Care
(E240)
IRS Verified
DX Registered
990 on File
CHILDRENS HOSPITAL MEDICAL CENTER
Financial strength (30%)
82/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Cincinnati Children’s will improve child health and transform delivery of care through fully integrated, globally recognized research, education and innovation. For patients from our community, the nation and the world, the care we provide will achieve the best: -Medical and quality-of-life outcomes -Patient and family experience -Value today and in the future.
Financial Overview — FY 2023
$3123.0M
Total Revenue
$2972.6M
Total Expenses
$7412.7M
Net Assets
20881
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
77.3%
Fundraising Efficiency
4763.2%
Operating Reserve
29.92x
Liability-to-Asset
18.5%
Revenue Diversification
79.7%
Executive Compensation
$11.9M
Compared with Peers
FY 2023
Compared with 1,811 similar organizations
(United States, Health Care, $100M and over in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
77.3% | 87.3% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
22.5% | 12.7% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.2% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
4763.2% | 478.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
29.9 mo | 6.0 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
18.5% | 46.1% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
79.7% | 96.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
6.2% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.4% | 6.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
4.8% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $3123.0M | $2972.6M | $7412.7M | 77.3% | 20881 |
| 2022 | $2941.4M | $2795.0M | $6893.5M | 78.7% | 19987 |
| 2021 | $2804.6M | $2526.9M | N/A | — | 18712 |
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