Seattle Childrens Hospital is a 501(c)(3) organization based in Seattle, Washington, registered in 1986, with $2,334,999,460 in FY2022 revenue. CharityIndex grades it A+, and it directs about 98% of spending to programs.
Revenue (FY2022)
$2.3B
▲ 7.5% vs prior year
Health median: $840K
Expenses (FY2022)
$2.3B
Net assets
$3.2B
Employees
11,236
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 Hospital: 98% to programs · $0 to raise $100 earns a A+ 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 Seattle Childrens Hospital: 17 mo reserves · +1% 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 Seattle Childrens 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 Seattle Childrens Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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We provide hope, care & cures to help every child live the healthiest & most fulfulling life possible
Research: because research is the foundation of seattle children's mission to discover new treatment and cures, seattle children's research institute, a division of seattle childrens, invested $87 million in research during fiscal year 2023. seattle children's research institute investigators are advancing scientific understanding of important biological processes and influencing the practice of pediatrics around the world. the research institute has also been one of the predominant pediatric research organizations implementing clinical trials that support the assessment and approval of vaccine efforts in pediatrics.
Education: seattle children's is the major resource for pediatric graduate medical education programs in our region. residents and fellows from 88 programs accredited by the accreditation council for graduate medical education (acgme), three programs accredited by the american dental association (ada), and eight non-acgme accredited subspecialty programs rotated at seattle children's in academic year 2022-2023. seattle children's has developed curriculum and evaluation methods that assess and assure resident competency in six main areas: patient care, medical knowledge, practice-based learning, interpersonal and communications skills, professionalism, and system-based practice.
Care network: children's clinically integrated network, doing business as seattle children's care network (sccn), is a limited liability company established by seattle children's to develop, coordinate and implement a clinically integrated pediatric provider network to promote collaboration and modify practice patterns to enhance the quality and cost effectiveness of pediatric care. sccn contributes to the mission of seattle children's by promoting health through its pediatric organized system of care that improves integration, coordination, quality, safety and efficiency for better outcomes for pediatric patients within the community.
Revenue grew from $1.2B (FY2013) to $2.3B (FY2022) across 10 reported years.
Financial snapshot
Operating margin
1.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.9B
Total liabilities
$1.7B
Net assets
$3.2B
Salaries & benefits
$1.2B
52% of expenses
Board members
16
16 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $2,334,999,460▲7.5% | $2,309,040,702▲11.8% | $3,181,374,253▲5.1% | $4,895,703,194▲3.5% | 990 |
| 2021 | $2,172,764,386▲8.4% | $2,064,853,775▲13.3% | $3,026,571,504▼6.0% | $4,728,107,319▲2.5% | 990 |
| 2020 | $2,003,759,379▲15.8% | $1,822,964,593▲7.6% | $3,219,506,159▲11.2% | $4,612,881,884▲13.7% | 990 |
| 2019 | $1,730,789,239▼7.3% | $1,694,891,584▲5.2% | $2,894,801,546▲2.8% | $4,055,320,534▲4.6% | 990 |
| 2018 | $1,866,547,492▲6.1% | $1,611,284,385▲10.7% | $2,817,036,550▲9.6% | $3,878,355,666▲7.6% | 990 |
| 2017 | $1,759,567,163▲20.4% | $1,455,764,051▲12.3% | $2,569,567,288▲13.7% | $3,605,274,314▲10.6% | 990 |
| 2016 | $1,460,972,612▲5.1% | $1,296,289,872▲11.2% | $2,259,362,647▲11.7% | $3,259,202,142▲12.5% | 990 |
| 2015 | $1,389,660,608▲6.0% | $1,165,462,674▲5.4% | $2,022,319,931▲16.6% | $2,896,162,830▲11.9% | 990 |
| 2014 | $1,310,472,867▲12.9% | $1,105,978,563▲13.3% | $1,734,833,511▲11.3% | $2,589,145,957▲12.7% | 990 |
| 2013 | $1,160,864,777 | $976,186,932▲9.2% | $1,559,062,021▲22.1% | $2,297,084,833▲14.3% | 990 |
| 2012 | — | $893,551,710▲7.9% | $1,277,190,030▲17.7% | $2,010,084,492▲8.4% | 990 |
| 2011 | — | $828,193,678▲5.5% | $1,084,868,033▲19.5% | $1,854,709,908▲15.7% | 990 |
| 2010 | — | $784,961,854▲10.0% | $907,907,493▲7.0% | $1,603,702,328▲6.1% | 990 |
| 2009 | — | $713,431,195 | $848,663,369 | $1,511,039,931 | 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: Jeff Sperring Md — $1,072,193 (0.05% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jeff Sperring Md | Ceo/non-voting Ex-officio | 0 | $1,072,193 |
| Eric Tham Md | Svp & Chief Research Ops Officer | 55 | $782,390 |
| Michael Astion Md Phd | Medical Director - Laboratories | 55 | $700,158 |
| Paul Sharek Md | Vp - Chief Quality & Safety Officer | 55 | $583,457 |
| Ruth Mcdonald Md | Vp-chief Medical Operations Officer | 55 | $573,251 |
| Mark Egbert Dds | Oral & Maxillofacial Surgeon | 55 | $549,522 |
| Myra Gregorian | Senior Vp & Chief People Officer | 0 | $536,086 |
| Zafar Chaudry Md | Svp & Chief Digital & Info Officer | 0 | $534,954 |
| Kevin Kollins Md | Cardiologist | 55 | $521,150 |
| Suzanne Beitel | Senior Vp & Chief Financial Officer | 0 | $520,763 |
| Cory Noel Md | Cardiologist | 55 | $512,314 |
| Russell Williams | Svp-strat, Cap & Regl Networks | 0 | $498,131 |
| Michael Jensen Md | Vp-sc Therapeutics, Chief Therap Off | 55 | $488,860 |
| Jeffrey Avansino Md | Vp - Medical Affairs | 55 | $478,021 |
| Erik Lausund | Vp - Research Operations & Logistics | 55 | $461,748 |
| Bonnie Fryzlewicz | Svp & Chief Nursing Officer | 55 | $444,338 |
| John Saavedra | Vp - People Operations | 55 | $441,018 |
| Victoria Cleator | Vp-res Facilities Ops, Cap Projects | 55 | $408,157 |
| Tanya Seaton | Vp & Chief Ambulatory Officer | 55 | $407,525 |
| Samuel Williams | Vp - Facilities | 55 | $406,208 |
| Contractor | Services | Paid |
|---|---|---|
| Aya Healthcare | Contract Staff Services | $94,616,269 |
| Children's University Medical Group | Physician Services | $62,818,836 |
| University of Washington | Residents & Interns | $46,938,368 |
| Sellen Construction | Construction | $46,278,624 |
| Lease Crutcher Lewis | Construction | $45,375,323 |
403 grants to Seattle Childrens Hospital totaling $1.1B, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cystic Fibrosis Foundation | Clinical research study | 2024 | $12,893,328 |
| Cystic Fibrosis Foundation | Clinical research center | 2024 | $10,180,397 |
| Cystic Fibrosis Foundation | Clinical research | 2024 | $5,459,200 |
| Kaiser Foundation Health Plan of Washington | Research subrecipient | 2024 | $1,136,491 |
| Public Health Institute | Research | 2024 | $498,220 |
| Breakthrough T1d | T1d research | 2024 | $434,592 |
| Sanford | Research | 2024 | $250,000 |
| Cystic Fibrosis Foundation | Cf care center | 2024 | $182,800 |
| Public Health Institute | Technical assistance | 2024 | $180,934 |
| La Jolla Institute For Immunology | Subrecipient award | 2024 | $124,871 |
| Population Council Inc | Biomedical research | 2024 | $110,420 |
| Cystic Fibrosis Foundation | Training | 2024 | $97,729 |
| Cystic Fibrosis Foundation | Quality improvement | 2024 | $56,000 |
| Cystic Fibrosis Foundation | Research | 2024 | $52,449 |
| Muscular Dystrophy Association | Medical diagnosis | 2024 | $50,000 |
165 grants totaling $51.5M in FY2022 — showing the 15 largest. All grants made by Seattle Childrens Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| University of Washington | Pediatric medical research grant subaward, support for graduate education programs, award for juvenile myositis research project and sponsorships in support of insight internship program at harborview and forefront suicide prevention. | $11,220,327 |
| Oregon Health and Science University | Pediatric medical research grant subaward | $8,197,998 |
| The Association of Chrmc and University Physicians | Insurance support | $7,000,000 |
| Fred Hutchinson Cancer Center | Pediatric medical research grant subaward | $2,233,978 |
| Scripps Research Institute | Pediatric medical research grant subaward | $1,210,693 |
| Dana-farber Cancer Institute | Pediatric medical research grant subaward | $1,088,198 |
| Emory University | Pediatric medical research grant subaward | $808,561 |
| University of Florida | Pediatric medical research grant subaward | $770,406 |
| Benaroya Research Institute At Virginia Mason | Pediatric medical research grant subaward | $761,141 |
| Baylor College of Medicine | Pediatric medical research grant subaward | $728,002 |
| Colorado State University | Pediatric medical research grant subaward | $710,249 |
| Nationwide Childrens Hospital Inc | Pediatric medical research grant subaward | $639,538 |
| University of Alabama At Birmingham | Pediatric medical research grant subaward | $633,153 |
| Regents of the University of Colorado | Pediatric medical research grant subaward | $620,021 |
| University of Kansas Center For Research Inc | Pediatric medical research grant subaward | $615,852 |
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Data for Seattle Childrens Hospital (EIN 91-0564748) 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.