Variety Childrens Hospital
80% goes to programs $0 to raise $100 Strong reserves Growing revenue
Variety Childrens Hospital is a 501(c)(3) organization based in Miami, Florida, registered in 1951, with $1,042,898,787 in FY2024 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
3100 Sw 62nd Ave, Miami, FL, 33155 EIN 59-0638499 Since 1951
Revenue (FY2024)
$1.0B
▲ 7.0% vs prior year
Health median: $840K
Expenses (FY2024)
$880.2M
Net assets
$1.1B
Employees
3,793
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 rating80% 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 Variety Childrens Hospital: 80% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +16% 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 Variety Childrens Hospital: 15 mo reserves · +16% 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 Variety 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 Variety Childrens Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To inspire hope and promote lifelong health by providing the best care to every child.
Contact & location
- Address
- 3100 Sw 62nd Ave, Miami, FL, 33155
- City
- Miami
- State
- Florida
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $569.5M (FY2013) to $1.0B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $668.4MNet assets $1.1B
Operating margin
15.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8B
Total liabilities
$668.4M
Net assets
$1.1B
Salaries & benefits
$303.7M
35% of expenses
Board members
12
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,042,898,787▲7.0% | $880,188,688▲7.6% | $1,105,996,492▲15.2% | $1,774,367,898▲8.4% | 990 |
| 2023 | $974,557,731▲19.3% | $818,128,603▲13.6% | $959,870,968▲18.0% | $1,637,315,414▲10.0% | 990 |
| 2022 | $816,902,265▲5.1% | $720,139,264▲7.2% | $813,357,667▲1.2% | $1,488,947,366▼1.3% | 990 |
| 2021 | $776,970,014▲29.8% | $671,519,701▲21.2% | $803,748,577▲13.1% | $1,508,530,392▲25.9% | 990 |
| 2020 | $598,482,947▼7.2% | $554,072,694▼14.1% | $710,557,741▲4.6% | $1,198,214,522▲0.4% | 990 |
| 2019 | $644,811,272▼2.0% | $645,022,237▲6.3% | $678,990,453▼6.1% | $1,194,010,801▲2.4% | 990 |
| 2018 | $657,982,918▼2.4% | $606,817,946▼1.1% | $723,332,298▼2.6% | $1,165,532,000▼6.1% | 990 |
| 2017 | $674,198,601▲5.0% | $613,560,762▲12.1% | $742,503,437▲6.5% | $1,240,624,215▲14.6% | 990 |
| 2016 | $642,251,171▲0.5% | $547,427,587▲2.9% | $697,011,560▲11.3% | $1,082,803,580▲10.2% | 990 |
| 2015 | $639,121,264▲3.4% | $531,986,057▼1.7% | $626,014,361▲8.8% | $982,370,868▲2.2% | 990 |
| 2014 | $618,092,869▲8.5% | $541,037,500▲6.6% | $575,471,672▲7.3% | $961,678,086▲4.8% | 990 |
| 2013 | $569,488,765 | $507,630,583▲7.3% | $536,300,702▲22.7% | $917,641,210▲9.8% | 990 |
| 2012 | — | $472,921,039▲6.5% | $437,086,509▲15.7% | $835,671,954▲8.9% | 990 |
| 2011 | — | $444,236,931▲8.7% | $377,847,129▲2.0% | $767,361,960▲5.3% | 990 |
| 2010 | — | $408,504,055 | $370,530,584 | $728,858,751 | 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: Perry Ann Reed — $852,838 (0.10% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Perry Ann Reed | Svp/coo Nchs & President Nch | 40 | $852,838 |
| Marcos A Mestre Md | Dir. (thru 8/24), Vp (thru 6/24), Cmo (thru 8/24) / Nchs Svp & Cco (6/24) / Ncps Pres (6/24-12/24) | 40 | $681,854 |
| Robert L Hannan | Sr Med Dir Advanced Proj Lab | 40 | $589,878 |
| Arianna Urquia | Vp/cfo Hospital | 40 | $489,846 |
| Shannon M Odell | Vp & Nch Chief Nursing Officer | 40 | $454,235 |
| Jefry Biehler | Former Exec Med Director Clinical Ops | 0 | $409,653 |
| Rodney L Baker | Executive Med Director | 40 | $403,460 |
| Iris Berges | Vp of Operations | 40 | $401,672 |
| Rani S Gereige | Exec Dir Med Ed & Dei Lead | 40 | $360,195 |
| Jacques E Orces | Director (8/25/24 - 12/16/24), Vp & Chief Medical Officer (as of 8/25/24) | 40 | $166,714 |
| Maria E Franco Md | Director/physician | 0.1 | $48,000 |
| Ali Mandsaurwala | Director | 0.1 | — |
| Amy Charley Esq | Secretary / Director | 0.1 | — |
| Balagangadhar Totapally Md | Director | 0.1 | — |
| Dawn E Javersack | Svp/cfo Health System | 20 | — |
| Drew Kern | Vice Chairman / Director | 0.1 | — |
| Gary Gregory | Emeritus Director (thru Jan 2024) | 0.1 | — |
| Jay Massirman | Chairman / Director | 0.1 | — |
| Jennifer Boussuge | Director | 0.1 | — |
| Jodi Laurence Esq | Svp and General Counsel | 20 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Phi Air Medical LLC | Flight Hours | $4,402,257 |
| Mayo Medical Laboratories | Laboratory Services | $1,685,994 |
| A and S Total Cleaning | Cleaning Services | $1,674,333 |
| Miami Associates In Pediatric | Physician Services | $1,496,064 |
| Kidz Medical Services Inc | Physician Services | $1,413,774 |
Grants received · $47.3M total
43 grants to Variety Childrens Hospital totaling $47.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Miami Childrens Health System Inc | Support research and hospital programs | 2024 | $15,445,189 |
| Cystic Fibrosis Foundation | Cf care center | 2024 | $60,120 |
| University of Miami | Research | 2024 | $37,753 |
| Paypal Charitable Giving Fund | General support | 2024 | $8,221 |
| Miami Childrens Health System Inc | Support programs in the hospital including clinical trials | 2023 | $11,631,467 |
| Cystic Fibrosis Foundation | Cf care center | 2023 | $55,150 |
| University of Miami | Research | 2023 | $46,952 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $39,400 |
| The Miami Foundation Inc | Program support | 2023 | $35,893 |
| Public Health Institute | Research | 2023 | $22,000 |
| Miami Childrens Health System Inc | Support clinical trials, patient, orthopedic and palliative care and establish a study to acquire genomic data from research study . | 2022 | $6,062,907 |
| Florida Essential Healthcare Partnerships Foundation Inc | — | 2022 | $4,528,721 |
| The Miami Foundation Inc | Program support | 2022 | $94,373 |
| Cystic Fibrosis Foundation | Cf care center | 2022 | $55,150 |
| University of Miami | Research | 2022 | $37,869 |
Grants made · $6.6M in FY2019
1 grant totaling $6.6M in FY2019. All grants made by Variety Childrens Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Jupiter Medical Center Foundation Inc | Sponsorship | $6,600,000 |
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Frequently asked questions
- Is Variety Childrens Hospital a legitimate nonprofit?
- Yes. Variety Childrens Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-0638499, based in Miami, Florida. Donations are tax-deductible.
- What is Variety Childrens Hospital's EIN?
- Variety Childrens Hospital's Employer Identification Number (EIN) is 59-0638499.
- How much revenue does Variety Childrens Hospital report?
- Variety Childrens Hospital reported $1,042,898,787 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Variety Childrens Hospital's spending goes to programs?
- Variety Childrens Hospital spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Variety Childrens Hospital have?
- CharityIndex grades Variety Childrens Hospital A, based on program efficiency and fundraising cost.
- How much does Variety Childrens Hospital's highest-paid employee make?
- The highest reported compensation on Variety Childrens Hospital's latest Form 990 is $852,838, paid to Perry Ann Reed (Svp/coo Nchs & President Nch).
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Data for Variety Childrens Hospital (EIN 59-0638499) 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.