Childrens Mercy Hospital is a 501(c)(3) organization based in Kansas City, Missouri, registered in 1956, with $2,076,068,874 in FY2023 revenue. CharityIndex grades it A, and it directs about 76% of spending to programs.
Revenue (FY2023)
$2.1B
▲ 1.6% vs prior year
Health median: $840K
Expenses (FY2023)
$1.8B
Net assets
$2.7B
Employees
9,936
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 Mercy Hospital: 76% to programs · $8 to raise $100 earns a B+ on this criterion. See the exact thresholds →
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 Mercy Hospital: 18 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
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 Mercy Hospital: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 Mercy Hospital: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Excellence in healthcare for children
Children's mercy hospital (cmh) is dedicated to becoming a leader in pediatric translational research. a strategic planning initiative established the children's mercy research institute (cmri) to focus on research and research infrastructure. through the generosity of two philanthropic gifts totaling $150 million, the hospital has built a nine story, 375,000 square foot facility enabling research scientists to gain access to state-of-the-art research technology as well as dry lab and wet lab space to support that research. the building includes an auditorium for presentations to train medical school students and inform the public about pediatric healthcare innovations that are being developed and created by research scientists and physicians here in collaboration with others throughout the nation and world. in addition these generous gifts will help support funding for scientific programs and recruitment. research conducted today at cmh includes basic science and clinical research in numerous areas including pharmacology, cancer, cardiology, genetic diseases and health outcomes. areas of research strength include precision therapeutics, genomics medicine, population health, emerging infections and health care innovation. during the year ended june 30, 2024 there were more than 742 active sponsored research projects. the children's mercy research institute occupies about 16% of the space on the main campus and 7% of the total annual operating budget. children's mercy spent $98 million in the year ended june 30, 2024 on research and per information from the nih reporter received more than $9.7 million in nih funding in this same time period. more than 1100+ publications were accepted and/or published. the children's mercy research institute provides seed funding to investigators with internal competitive grant programs such as the midwest cancer alliance and the katherine berry richardson (kbr) fund, with expectations that this funding will lead to applications for externally funded grant programs in the future.
Revenue grew from $1.1B (FY2013) to $2.1B (FY2023) across 11 reported years.
Financial snapshot
Operating margin
12.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.3B
Total liabilities
$669.4M
Net assets
$2.7B
Salaries & benefits
$1.1B
59% of expenses
Board members
13
9 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,076,068,874▲1.6% | $1,814,371,760▲2.0% | $2,679,552,451▲13.2% | $3,348,948,694▲11.1% | 990 |
| 2022 | $2,042,894,714▼0.5% | $1,778,140,684▲5.0% | $2,367,059,395▲12.8% | $3,015,652,104▲10.0% | 990 |
| 2021 | $2,052,831,088▲17.0% | $1,694,039,940▲7.3% | $2,098,059,386▲4.0% | $2,741,802,615▲1.9% | 990 |
| 2020 | $1,754,110,837▲7.4% | $1,578,403,923▲4.6% | $2,017,755,363▲22.9% | $2,689,363,915▲19.3% | 990 |
| 2019 | $1,633,607,276▲2.4% | $1,508,961,421▲6.3% | $1,642,046,696▲5.6% | $2,254,485,183▲6.8% | 990 |
| 2018 | $1,595,554,292▼3.6% | $1,419,880,405▲2.3% | $1,555,614,576▲12.2% | $2,111,702,017▲7.4% | 990 |
| 2017 | $1,655,102,903▲17.9% | $1,388,271,254▲2.6% | $1,386,674,361▲25.0% | $1,965,698,928▲28.6% | 990 |
| 2016 | $1,403,256,907▲9.8% | $1,353,019,114▲12.4% | $1,109,611,533▲9.1% | $1,528,633,645▲7.6% | 990 |
| 2015 | $1,277,596,538▲6.2% | $1,203,708,544▲10.2% | $1,017,172,307▲4.7% | $1,420,276,296▲2.5% | 990 |
| 2014 | $1,203,507,477▲13.8% | $1,092,545,094▲10.3% | $971,938,726▲10.6% | $1,386,129,346▲7.3% | 990 |
| 2013 | $1,057,371,303 | $990,508,649▲8.9% | $878,606,301▲11.7% | $1,291,671,043▲10.7% | 990 |
| 2012 | — | $909,778,017▲9.2% | $786,253,932▲18.0% | $1,166,481,377▲12.3% | 990 |
| 2011 | — | $833,408,144▲3.7% | $666,510,084▲28.3% | $1,038,666,908▲13.4% | 990 |
| 2010 | — | $803,667,422▲8.1% | $519,305,169▲7.7% | $915,564,338▲4.3% | 990 |
| 2009 | — | $743,214,399 | $482,239,276 | $878,174,313 | 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.
Highest-paid: Paul D Kempinski Ms Fache — $1,675,833 (0.09% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Paul D Kempinski Ms Fache | Director; President & Ceo | 40 | $1,675,833 |
| James O'brien Jr Md | Physician | 40 | $1,571,440 |
| William Douglas Md | Physician | 40 | $1,519,540 |
| Alex Daneshmand Do Mba | Evp&chief Quality Officer;end 7/1/23 | 40 | $1,187,257 |
| Shawn St Peter Md | Svp/surgeon-in-chief;chairdeptofsurg | 40 | $1,146,051 |
| Thomas Curran Phd | Svp,cso,exec Dir-cmri;end 11/17/23 | 40 | $1,073,053 |
| Norman Otsuka Md | Medical Chairman; End 5/23/24 | 40 | $947,467 |
| Jodi Coombs Mba Bsn Rn | Evp & Coo | 40 | $940,377 |
| Charles Snyder Md | Physician | 40 | $834,479 |
| John Gatti Md | Physician | 40 | $798,259 |
| Robert Lane Md | Evp & Physician-in-chief;end 4/18/24 | 40 | $793,472 |
| Robin Foster Jd | Evp, General Counsel | 40 | $767,700 |
| James Simaras | Evp & Cfo | 40 | $764,846 |
| Robert Steele Md | Evp & Chief Strategy/innovation Off. | 40 | $762,515 |
| Douglas Rivard Do | Interimevp/physician-in-chief4/18/24 | 40 | $734,779 |
| Jeanne James Md | Sr Vp, Chair of Pediatrics | 40 | $714,886 |
| Thomas Wright | Evp & Chief Hr Officer | 40 | $652,503 |
| Mary Ann Queen Md | Director | 40 | $514,449 |
| Jennifer Kingry | Former Interim Cfo | 40 | $443,355 |
| Bill Krueger | Chair | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Qualivis LLC | Employment Agency | $27,470,815 |
| Morrison Management Specialists Inc | Food Service | $10,776,982 |
| Us Engineering Construction | Contstruction | $9,181,746 |
| Cerner Health Connections Inc | Professional Services | $7,217,395 |
| Sirius Computer Solutions LLC | It Services | $7,114,698 |
298 grants to Childrens Mercy Hospital totaling $68.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Kansas City Community Foundation | Health, medicine & science | 2024 | $3,008,228 |
| Community America Credit Union | General support | 2024 | $200,000 |
| Cystic Fibrosis Foundation | Cf care center | 2024 | $191,710 |
| Cystic Fibrosis Foundation | Clinical research center | 2024 | $168,921 |
| Greater Manhattan Community Foundation | Human services | 2024 | $152,500 |
| American Online Giving Foundation Inc | General support | 2024 | $117,504 |
| Greater Horizons | Health, medicine & science | 2024 | $111,252 |
| Crohns & Colitis Foundation Inc | Research | 2024 | $101,684 |
| Signatry Charitable Trust | Community development | 2024 | $81,000 |
| Public Health Institute | Research | 2024 | $61,985 |
| Health Care Foundation of Greater Kansas City | Game changers network | 2024 | $50,000 |
| American Endowment Foundation | Health, general | 2024 | $43,253 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $40,000 |
| Public Health Institute | Research | 2024 | $39,000 |
| Delta Dental Plan of Kansas Inc | Charitable giving | 2024 | $35,000 |
60 grants totaling $3.2M in FY2023 — showing the 15 largest. All grants made by Childrens Mercy Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| University of Kansas Medical Center Research Institute | Research | $303,479 |
| Duke University | Research | $222,876 |
| Albert Einstein College of Medicine | Research | $209,151 |
| San Diego State University Foundation | Research | $188,804 |
| The Board of Trustees of the University of Illinois | Research | $172,570 |
| Univ Mo Umkc Kcur Health Sci Bookstore | Research | $156,382 |
| National Association of Childrens Hospital and Related Institutions | Research | $128,846 |
| Chancellor Masters & Scholars of the University of Oxford | Research | $121,720 |
| Board of Regents of the University of Nebraska | Research | $114,724 |
| University of North Carolina At Chapel Hill | Research | $109,345 |
| Junior Achievement of Greater Kansas City | To support youth development initiatives | $105,000 |
| Ronald Mcdonald House Kansas City | To support access to health care services | $100,000 |
| University of Miami | Research | $93,638 |
| Stowers Institute For Medical Research | Research | $89,825 |
| Childrens Hospital Medical Center | Research | $86,084 |
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Data for Childrens Mercy Hospital (EIN 44-0605373) 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.