Seattle Childrens Healthcare System
63% goes to programs $0 to raise $100 Strong reserves Declining revenue
Seattle Childrens Healthcare System is a 501(c)(3) organization based in Seattle, Washington, registered in 1984, with $30,273,223 in FY2022 revenue. CharityIndex grades it C+, and it directs about 63% of spending to programs.
Po Box 5371 Msc 818-fi, Seattle, WA, 98145 EIN 91-1250116 Since 1984
Revenue (FY2022)
$30.3M
▼ 58.7% vs prior year
Health median: $840K
Expenses (FY2022)
$30.2M
Net assets
$1.2B
Employees
22
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →DProgram efficiency40% of the rating63% 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 Seattle Childrens Healthcare System: 63% to programs · $0 to raise $100 earns a D on this criterion. See the exact thresholds →
B+Financial health25% of the rating460 mo reserves · +0% 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 Seattle Childrens Healthcare System: 460 mo reserves · +0% margin earns a B+ 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 Seattle Childrens Healthcare System: 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 Seattle Childrens Healthcare System: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The provision of quality health care services to infants, children and adolescents.
What they do
Occupancy and other costs related to the operation of the sand point clinic building which is rented to seattle children's hospital. the rented space is used to deliver healthcare services to infants, children and adolescents.
Contact & location
- Address
- Po Box 5371 Msc 818-fi, Seattle, WA, 98145
- City
- Seattle
- State
- Washington
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $115.3M (FY2013) to $30.3M (FY2022) across 10 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $17.3MNet assets $1.2B
Operating margin
0.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2B
Total liabilities
$17.3M
Net assets
$1.2B
Salaries & benefits
$11.9M
39% of expenses
Board members
16
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $30,273,223▼58.7% | $30,189,036▲97.1% | $1,158,018,711▲8.3% | $1,175,308,581▲8.9% | 990 |
| 2021 | $73,269,091▼40.2% | $15,317,149▼17.2% | $1,068,998,812▼12.6% | $1,079,096,688▼12.7% | 990 |
| 2020 | $122,583,383▲161% | $18,506,976▲126% | $1,223,412,768▲23.1% | $1,236,637,312▲23.2% | 990 |
| 2019 | $46,931,428▼7.8% | $8,182,607▲15.8% | $993,478,335▲8.9% | $1,003,909,546▲8.5% | 990 |
| 2018 | $50,908,322▼10.9% | $7,064,502▼10.1% | $912,189,834▲4.7% | $925,123,055▲5.4% | 990 |
| 2017 | $57,153,787▲65.3% | $7,858,437▲60.6% | $871,438,184▲7.6% | $877,916,795▲7.5% | 990 |
| 2016 | $34,578,152▼25.8% | $4,893,883▼43.8% | $809,972,781▲10.0% | $816,917,192▲8.5% | 990 |
| 2015 | $46,623,295▲19.1% | $8,702,851▲62.0% | $736,006,136▲0.7% | $752,858,121▼0.9% | 990 |
| 2014 | $39,161,144▼66.0% | $5,371,060▼7.8% | $730,728,893▲0.9% | $759,634,443▼0.8% | 990 |
| 2013 | $115,275,582 | $5,827,845▲18.4% | $724,099,866▲20.1% | $765,760,377▲25.3% | 990 |
| 2012 | — | $4,923,139▼8.4% | $602,948,979▲7.3% | $611,136,103▲7.1% | 990 |
| 2011 | — | $5,374,638▼0.7% | $561,798,015▲10.2% | $570,594,098▲7.7% | 990 |
| 2010 | — | $5,413,457▼3.4% | $509,971,146▲2.3% | $529,987,668▼0.5% | 990 |
| 2009 | — | $5,606,402 | $498,350,975 | $532,531,596 | 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 (FY2022)
Highest-paid: Suzanne Beitel — $928,483 (3.08% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Suzanne Beitel | Senior Vp & Chief Financial Officer | 55 | $928,483 |
| Lisa Hayward | Senior Vp & Chief Legal Officer | 55 | $743,640 |
| Jeff Sperring Md | Ceo/non-voting Ex Officio Trustee | 55 | $704,719 |
| Russell Williams | Svp-strat, Cap & Regl Networks | 55 | $634,502 |
| Zafar Chaudry Md | Svp & Chief Digital & Info Officer | 55 | $595,904 |
| Myra Gregorian | Senior Vp & Chief People Officer | 55 | $573,348 |
| Stanley Ra | Chief Investment Officer | 55 | $348,414 |
| Jordan Summerside | Dir, Partnerships & Special Projects | 45 | $209,223 |
| James Olson | Director of Investments | 45 | $175,209 |
| Catherine Chilcott | Director - Treasury Services | 40 | $134,578 |
| Warren Hewitt | Vp - Finance | 14 | $94,608 |
| Douglas Picha | Consultant, Spec Projects/relations | 24 | $83,290 |
| Samantha Sloane | Sr Dir, Finance & System Controller | 12 | $73,252 |
| Colin Fox Phd | Trustee | 3 | — |
| Colleen Fukui-sketchley | Trustee | 1 | — |
| Conan Viernes | Trustee | 1 | — |
| Dan Levitan | Vice Chair | 1 | — |
| Jill Brubaker Md | Trustee | 1 | — |
| Joel French | Chair | 15 | — |
| John Schoettler | Trustee | 3 | — |
Top vendors & contractors (FY2022)
| Contractor | Services | Paid |
|---|---|---|
| The Boston Consulting Group Inc | Healthcare Services Consulting | $7,366,000 |
| Centerbridge Partners LP | Investment Management | $845,236 |
| Highclere International Investors | Investment Management | $434,986 |
| Sanderson International Value Fund | Investment Management | $399,736 |
| Burgundy Asset Management Ltd | Investment Management | $391,091 |
Grants received · $78.6M total
18 grants to Seattle Childrens Healthcare System totaling $78.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Seattle Childrens Foundation | Pediatric care, medical research, teaching | 2022 | $9,415,250 |
| Seattle Childrens Foundation | Pediatric care, medical research, teaching | 2021 | $4,347,331 |
| Seattle Childrens Foundation | Pediatric care, medical research, teaching | 2020 | $5,963,504 |
| Emory University | Research/subcontract | 2020 | $109,933 |
| Seattle Childrens Foundation | Pediatric care, medical research, teaching | 2019 | $5,643,092 |
| Emory University | Research/subcontract | 2019 | $19,713 |
| Seattle Childrens Foundation | Pediatric care, medical research, teaching | 2018 | $7,544,257 |
| Emory University | Research/subcontract | 2018 | $234,893 |
| Thrivent Financial For Lutherans | General support | 2018 | $8,142 |
| Seattle Childrens Foundation | Pediatric care, medical research, teaching | 2017 | $15,037,322 |
| Emory University | Research/subcontract | 2017 | $1,274,185 |
| Seattle Childrens Foundation | Pediatric care, medical research, teaching | 2016 | $5,175,121 |
| Emory University | Research/subcontract | 2016 | $340,468 |
| Thrivent Financial For Lutherans | General support | 2016 | $6,316 |
| Seattle Childrens Foundation | Pediatric care, medical research, teaching | 2015 | $4,604,553 |
Grants made · $7.0M in FY2022
2 grants totaling $7.0M in FY2022. All grants made by Seattle Childrens Healthcare System →
| Recipient | Purpose | Amount |
|---|---|---|
| Seattle Childrens Foundation | Unrestricted donation to affiliate | $5,239,164 |
| Seattle Childrens Guild Association | Unrestricted donation to affiliate | $1,747,833 |
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Compare Seattle Childrens Healthcare System
Frequently asked questions
- Is Seattle Childrens Healthcare System a legitimate nonprofit?
- Yes. Seattle Childrens Healthcare System is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 91-1250116, based in Seattle, Washington. Donations are tax-deductible.
- What is Seattle Childrens Healthcare System's EIN?
- Seattle Childrens Healthcare System's Employer Identification Number (EIN) is 91-1250116.
- How much revenue does Seattle Childrens Healthcare System report?
- Seattle Childrens Healthcare System reported $30,273,223 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- How much of Seattle Childrens Healthcare System's spending goes to programs?
- Seattle Childrens Healthcare System spends about 63% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Seattle Childrens Healthcare System have?
- CharityIndex grades Seattle Childrens Healthcare System C+, based on program efficiency and fundraising cost.
- How much does Seattle Childrens Healthcare System's highest-paid employee make?
- The highest reported compensation on Seattle Childrens Healthcare System's latest Form 990 is $928,483, paid to Suzanne Beitel (Senior Vp & Chief Financial Officer).
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Data for Seattle Childrens Healthcare System (EIN 91-1250116) 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.