Childrens Hospital
76% goes to programs $0 to raise $100 Strong reserves Growing revenue
Childrens Hospital is a 501(c)(3) organization based in Washington, District of Columbia, registered in 1997, with $1,718,811,878 in FY2023 revenue. CharityIndex grades it A, and it directs about 76% of spending to programs.
111 Michigan Ave Nw, Washington, DC, 20010 EIN 53-0196580 Since 1997
Revenue (FY2023)
$1.7B
▲ 10.0% vs prior year
Health median: $840K
Expenses (FY2023)
$1.6B
Net assets
$965.3M
Employees
9,664
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating76% 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 Hospital: 76% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +4% 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 Hospital: 7 mo reserves · +4% 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 Hospital: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See schedule o.
Contact & location
- Address
- 111 Michigan Ave Nw, Washington, DC, 20010
- City
- Washington
- State
- District of Columbia
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $983.6M (FY2013) to $1.7B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.4BNet assets $965.3M
Operating margin
4.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.3B
Total liabilities
$1.4B
Net assets
$965.3M
Salaries & benefits
$946.4M
58% of expenses
Board members
11
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,718,811,878▲10.0% | $1,643,677,317▲8.3% | $965,304,820▲11.9% | $2,333,479,544▲4.7% | 990 |
| 2022 | $1,562,231,931▲8.1% | $1,517,938,434▲7.2% | $862,460,207▲5.7% | $2,228,485,013▲1.5% | 990 |
| 2021 | $1,445,706,687▲9.3% | $1,416,408,271▲10.6% | $815,986,740▼1.2% | $2,196,591,270▲1.2% | 990 |
| 2020 | $1,322,928,528▲3.6% | $1,281,104,921▲3.4% | $826,109,280▲7.9% | $2,170,063,672▲17.3% | 990 |
| 2019 | $1,276,889,659▲5.8% | $1,238,728,980▲6.8% | $765,636,253▲5.0% | $1,849,683,254▲19.8% | 990 |
| 2018 | $1,206,501,099▲4.4% | $1,159,729,900▲6.9% | $729,460,732▲3.8% | $1,544,265,180▲4.0% | 990 |
| 2017 | $1,155,680,459▼1.5% | $1,085,244,047▲2.6% | $702,629,236▲12.2% | $1,484,417,571▲4.4% | 990 |
| 2016 | $1,173,010,568▲10.4% | $1,057,378,931▼3.0% | $626,432,194▲17.3% | $1,421,366,300▲8.9% | 990 |
| 2015 | $1,062,235,425▼1.3% | $1,089,612,805▲13.8% | $534,050,388▼6.2% | $1,305,368,482▲22.8% | 990 |
| 2014 | $1,076,118,048▲9.4% | $957,260,200▲1.8% | $569,403,917▲25.8% | $1,063,426,405▲5.0% | 990 |
| 2013 | $983,554,032 | $940,214,377▼0.6% | $452,805,552▲11.1% | $1,012,567,155▲1.9% | 990 |
| 2012 | — | $945,606,149▲8.9% | $407,397,448▲9.5% | $993,489,726▲9.4% | 990 |
| 2011 | — | $868,029,837▲8.6% | $371,892,855▲1.3% | $908,465,625▼3.4% | 990 |
| 2010 | — | $799,050,183▲8.0% | $366,961,267▲11.4% | $940,880,504▲2.5% | 990 |
| 2009 | — | $739,760,252 | $329,506,723 | $918,072,610 | 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 (FY2023)
Highest-paid: Kurt D Newman Md — $3,000,204 (0.18% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kurt D Newman Md | Former President / Ceo (cnmc) | 54 | $3,000,204 |
| Yves D'udekem D'acoz Md | Chief of Cardio Surgery | 55 | $2,329,784 |
| Anthony Sandler Md | Svp Center of Excellence | 45 | $1,577,071 |
| Kathleen Chavanu Gorman | Former Chief Operating Officer | 52 | $1,259,773 |
| David Wessel Md | Chief Medical Officer | 53 | $1,250,087 |
| Robert Keating Md | Chief of Neurosurgery | 54 | $1,191,135 |
| Timothy Kane Md | Chief of Pediatric Surgery | 55 | $1,139,684 |
| Aldwin Lindsay | Evp/cfo | 37 | $1,138,312 |
| Mark L Batshaw Md | Senior Investigator | 53 | $1,035,577 |
| Deann Marshall | President of Foundation | 1 | $1,019,162 |
| John S Myseros | Assoc. Chief of Neurosurgery | 55 | $989,680 |
| Charles Weinstein | Chief Real Estate Officer To 12/23 | 54 | $955,553 |
| Mary Anne Hilliard | Evp/chief Legal Officer | 38 | $932,977 |
| Roger Packer Md | Former Svp Center of Excellence | 53 | $921,243 |
| Michelle M Mcguire | Chief Strategy Officer To 12/23 | 54 | $864,599 |
| Nathaniel Beers Md | President of Hsc | 1 | $843,320 |
| Michelle Riley-brown | President/ceo From 07/23 | 43 | $843,121 |
| Vittorio Gallo Phd | Chief Research Officer To 09/23 | 15 | $818,162 |
| Matthew Macvey | Chief Info Officer | 54 | $763,612 |
| Linda Talley | Chief Nursing Officer | 54 | $762,525 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Cerner Corporation | Information Technology | $20,028,219 |
| Oracle America Inc | Information Technology | $6,313,007 |
| Aramark Services Inc | Purchased Food Services | $4,111,157 |
| Tag B Valet Parking LLC | Parking | $3,282,883 |
| Quest Diagnostic Clinical Lab Inc | Purchased Lab Services | $2,501,354 |
Grants received · $222.8M total
68 grants to Childrens Hospital totaling $222.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Paypal Charitable Giving Fund | General support | 2024 | $12,690 |
| Ayco Charitable Foundation | Medical / public services | 2024 | $10,000 |
| Childrens Hospital Foundation | General support | 2023 | $31,683,137 |
| The Childrens Hospital of Philadelphia | Research | 2023 | $998,418 |
| Donor Advised Charitable Giving | Health | 2023 | $96,550 |
| American Heart Association Inc | Research | 2023 | $67,388 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $57,469 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2023 | $30,000 |
| Vanderbilt University Medical Center | Research | 2023 | $10,500 |
| Ayco Charitable Foundation | Medical / public services | 2023 | $10,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $8,500 |
| Childrens Hospital Foundation | Program support | 2022 | $32,206,706 |
| The Childrens Hospital of Philadelphia | Research | 2022 | $595,022 |
| Silicon Valley Community Foundation | Health | 2022 | $150,000 |
| Donor Advised Charitable Giving | Health | 2022 | $71,580 |
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Compare Childrens Hospital
Frequently asked questions
- Is Childrens Hospital a legitimate nonprofit?
- Yes. Childrens Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 53-0196580, based in Washington, District of Columbia. Donations are tax-deductible.
- What is Childrens Hospital's EIN?
- Childrens Hospital's Employer Identification Number (EIN) is 53-0196580.
- How much revenue does Childrens Hospital report?
- Childrens Hospital reported $1,718,811,878 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Childrens Hospital's spending goes to programs?
- Childrens Hospital spends about 76% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Childrens Hospital have?
- CharityIndex grades Childrens Hospital A, based on program efficiency and fundraising cost.
- How much does Childrens Hospital's highest-paid employee make?
- The highest reported compensation on Childrens Hospital's latest Form 990 is $3,000,204, paid to Kurt D Newman Md (Former President / Ceo (cnmc)).
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Data for Childrens Hospital (EIN 53-0196580) 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.