Childrens Health Care
87% goes to programs $0 to raise $100 Strong reserves
Childrens Health Care is a 501(c)(3) organization based in Minneapolis, Minnesota, registered in 1994, with $1,206,394,087 in FY2024 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
2525 Chicago Ave, Minneapolis, MN, 55404 EIN 41-1754276 Since 1994
Revenue (FY2024)
$1.2B
▲ 6.0% vs prior year
Health median: $840K
Expenses (FY2024)
$1.1B
Net assets
$1.4B
Employees
6,926
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating87% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Childrens Health Care: 87% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Childrens Health Care: 15 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Childrens Health Care: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Childrens Health Care: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Children's hospitals and clinics of mn champions the special needs of children.
What they do
Education: many efforts to improve the health and well-being of children and youth require long-term investment in their future. children's provides education and training programsfor providers, health care students, and other health professionals in the following areas: 1) community medical education for community physicians: during the 2024 calendar year, children's provided training to 443 affiliated residents and fellows, and hosted 161 medical student & 744 resident rotations at children's minneapolis, children's st paul, or both locations.see schedule o.
Research: children's has 348 open research studies, of which 171 are actively recruiting clinical trials. in 2024 children's received about $5.3 million from industry contracts and federal stateand foundation sponsors. types of studies and trials conducted at children's are investigator-initiated studies, external multi-center trials, observational studies, registries, and supportive services such as case management. children's had ongoing research in emergency/trauma, cystic fibrosis, diabetes and endocrinology, cardiovascular and critical care, pain and palliative care, integrative medicine, genetics, cancer and blood disorders, and neonatology ent and rehab.see schedule o.
Contact & location
- Address
- 2525 Chicago Ave, Minneapolis, MN, 55404
- City
- Minneapolis
- State
- Minnesota
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $702.4M (FY2013) to $1.2B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $480.1MNet assets $1.4B
Operating margin
5.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.9B
Total liabilities
$480.1M
Net assets
$1.4B
Salaries & benefits
$674.0M
59% of expenses
Board members
17
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,206,394,087▲6.0% | $1,145,365,669▲1.9% | $1,410,849,604▲7.2% | $1,890,955,620▲2.2% | 990 |
| 2023 | $1,138,461,020▲7.7% | $1,124,141,546▲10.2% | $1,315,749,082▲7.3% | $1,849,417,742▲6.8% | 990 |
| 2022 | $1,057,316,128▼1.6% | $1,019,682,232▲8.4% | $1,226,354,186▼6.0% | $1,731,037,973▼6.1% | 990 |
| 2021 | $1,074,349,138▲23.8% | $940,528,861▲7.8% | $1,304,061,069▲14.5% | $1,842,770,159▲10.8% | 990 |
| 2020 | $867,625,507▼11.4% | $872,835,125▼4.3% | $1,138,674,751▲3.4% | $1,663,546,137▲10.8% | 990 |
| 2019 | $979,158,426▲2.6% | $911,764,576▲4.9% | $1,101,333,256▲11.9% | $1,501,437,326▲11.0% | 990 |
| 2018 | $954,151,481▲5.0% | $869,048,377▲5.6% | $983,953,304▲6.0% | $1,352,722,146▲3.1% | 990 |
| 2017 | $909,035,627▲7.8% | $823,165,552▲4.5% | $928,208,303▲11.8% | $1,312,673,145▲7.8% | 990 |
| 2016 | $843,622,418▲5.3% | $787,865,403▲8.2% | $830,123,887▲10.8% | $1,217,253,842▲7.1% | 990 |
| 2015 | $801,526,558▲4.4% | $728,238,891▲2.4% | $749,004,397▲6.4% | $1,136,462,629▲0.8% | 990 |
| 2014 | $768,021,178▲9.3% | $710,870,916▲9.7% | $703,945,617▲7.2% | $1,127,600,949▲6.0% | 990 |
| 2013 | $702,385,154 | $648,198,651▲6.5% | $656,901,900▲14.5% | $1,063,789,712▲7.5% | 990 |
| 2012 | — | $608,641,128▲4.8% | $573,650,761▲13.6% | $989,666,159▲6.2% | 990 |
| 2011 | — | $580,855,475▲3.8% | $505,069,658▲0.9% | $931,983,450▲1.7% | 990 |
| 2010 | — | $559,670,368 | $500,453,370 | $916,808,405 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Marc Gorelick Md — $3,659,536 (0.32% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Marc Gorelick Md | President and Ceo | 47 | $3,659,536 |
| Meysam Kebriaei Md | Surgical Dir, Peds Neurosurgeon | 50 | $1,132,772 |
| Kyle Halvorson Md | Staff Physician | 50 | $1,080,476 |
| Emily Chapman Md | Svp Medical Affairs & Cmo | 50 | $974,679 |
| Brenda Mccormick | Svp & Cfo | 47 | $945,454 |
| Andrea Lampland Md | Medical Director Neonatology | 50 | $815,089 |
| Amy Bruzek Md | Staff Physician | 50 | $814,995 |
| William Mize Md | M.d. Radiology, Board Member | 47 | $725,498 |
| Brianne Roby Md | Staff Physician | 50 | $696,494 |
| Jennifer Olson Market | Former Svp & Coo | 0 | $694,568 |
| Andrew Pugh | Board Secretary & Svp Clo | 48 | $660,837 |
| Caroline Njau | Svp Patient Care Svcs & Cno | 50 | $620,329 |
| David Lundal | Svp Cio | 50 | $576,366 |
| Laurin Cathey | Svp & Chro | 50 | $546,860 |
| Susan Sencer Md | Vp Chief of Speciality Peds | 50 | $518,092 |
| Anupam Kharbanda Md | Clinical Vp, Chief of Critical Care | 50 | $513,207 |
| Timothy Lander Md | Clinical Vp, Chief of Surgery | 47 | $500,477 |
| Pamela Gigi Chawla Md | Vp Chief of General Peds | 40 | $411,049 |
| James Burroughs | Svp Govt & Comm Relations/ceio | 50 | $395,885 |
| Monica Schiller | Vp Ambulatory Services | 40 | $324,843 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Children's Heart Clinic PA | Physician Services | $17,927,630 |
| Oracle | Hardware/software | $10,857,032 |
| Medical Staffing Solutions Inc | Nurse Staffing | $9,807,959 |
| Pediatric Surgical Assoc Ltd | Physician Services | $4,137,181 |
| Sodexo Inc | Food Services | $4,097,359 |
Grants received · $9.1M total
79 grants to Childrens Health Care totaling $9.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cystic Fibrosis Foundation | Cf care center | 2024 | $137,920 |
| Cystic Fibrosis Foundation | Clinical research center | 2024 | $132,508 |
| Public Health Institute | Research | 2024 | $68,800 |
| Charities Aid Foundation America | Charitable donation | 2024 | $20,266 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $15,000 |
| Hennepin Healthcare System Inc | Emergency preparedness | 2024 | $9,424 |
| Cystic Fibrosis Foundation | Cf care center | 2023 | $149,795 |
| Cystic Fibrosis Foundation | Clinical research center | 2023 | $143,289 |
| Cystic Fibrosis Foundation | Adherence | 2023 | $135,832 |
| Hennepin Healthcare System Inc | Emergency preparedness | 2023 | $100,391 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $61,250 |
| Public Health Institute | Research | 2023 | $50,900 |
| National Philanthropic Tr | Culture & arts | 2023 | $40,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2023 | $15,000 |
| Donor Advised Charitable Giving | Health | 2023 | $13,500 |
Grants made · $355K in FY2024
13 grants totaling $355K in FY2024. All grants made by Childrens Health Care →
| Recipient | Purpose | Amount |
|---|---|---|
| Queer Space Collective | Health education and outreach | $67,500 |
| Childrens Dental Services Inc | Grant to expand dental access | $62,500 |
| Vietnamese Social Services of Minnesota | Improving health outcomes for vietnamese | $62,500 |
| Minneapolis - St Paul Regional Economic Development Partnership | Minnesota racial equite coalition | $40,000 |
| Minnesota Zoo Foundation | Nature wellness day | $25,000 |
| Rae Mackenzie Group Inc | Color career fair & celebrate sistas | $19,000 |
| Childrens Health Care Foundation | Gala sponsorship and memorial | $15,800 |
| State of Minnesota | State of minnesota mlk celebration | $15,000 |
| Upper Midwest Bleeding Disorders Al Liance | Various sponsorships | $12,000 |
| Ronald Mcdonald House Charities Upper Midwest | Golf classic, brew love, gala sponsorship | $11,000 |
| Wilsons Image College Scholarship | Live your healthy lyfe event | $10,000 |
| Childrens Theater Company and School | Curtain call ball sponsorship | $8,500 |
| Childrens Hospital Association Incorporated | Convo with a twist sponsorship | $6,000 |
Similar organizations in Health
Health
Regions Hospital
Bloomington, MN
$1.1B
Aannual revenue
Health
St Cloud Hospital
Saint Cloud, MN
$1.1B
Aannual revenue
Health
North Memorial Health Care
Robbinsdale, MN
$998.7M
Aannual revenue
Health
University of Minnesota Physicians
Minneapolis, MN
$903.0M
B+annual revenue
Health
Group Health Inc
Bloomington, MN
$1.5B
B+annual revenue
Health
Smdc Medical Center
Duluth, MN
$796.4M
A+annual revenue
Health
Hennepin Healthcare System Inc
Minneapolis, MN
$1.7B
C+annual revenue
Health
National Marrow Donor Program
Minneapolis, MN
$666.7M
Aannual revenue
Centracare Health System
Saint Cloud, MN
$577.8M
Aannual revenue
St Marys Medical Center
Duluth, MN
$563.8M
Aannual revenue
Compare Childrens Health Care
Frequently asked questions
- Is Childrens Health Care a legitimate nonprofit?
- Yes. Childrens Health Care is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1754276, based in Minneapolis, Minnesota. Donations are tax-deductible.
- What is Childrens Health Care's EIN?
- Childrens Health Care's Employer Identification Number (EIN) is 41-1754276.
- How much revenue does Childrens Health Care report?
- Childrens Health Care reported $1,206,394,087 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Childrens Health Care's spending goes to programs?
- Childrens Health Care spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Childrens Health Care have?
- CharityIndex grades Childrens Health Care A, based on program efficiency and fundraising cost.
- How much does Childrens Health Care's highest-paid employee make?
- The highest reported compensation on Childrens Health Care's latest Form 990 is $3,659,536, paid to Marc Gorelick Md (President and Ceo).
More nonprofits in Minneapolis
Explore more
Data for Childrens Health Care (EIN 41-1754276) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.