Childrens Hospital Corporation: $2.7B Revenue, $2.2B Program Expenses
Boston, Massachusetts · EIN 042774441 · Filing year 2023
Childrens Hospital Corporation reported $2.7B in total revenue, $2.9B in total expenses, and $8.1B in total assets on its 2023 IRS Form 990. 78.0% of expenses ($2.2B) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: B (78/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $2.7B
- Total Expenses
- $2.9B
- Program Expenses
- $2.2B
- Program Expense Ratio
- 78.0%
- Total Assets
- $8.1B
- Reserve Months
- 33.7 months
- EIN
- 042774441
- Latest 990 Year
- 2023
- Top Officer Compensation
- Not reported
Childrens Hospital Corporation grades a B on the nonprofit efficiency rubric. 78/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.
On revenue, Childrens Hospital Corporation is among the largest U.S. nonprofits: $2.7B in 2023 reported revenue. Organizations at this scale typically operate hospitals, university systems, or national federations — the financial pattern looks more like a corporation than the small-charity stereotype. Program-spending efficiency is strong: 80% of total expenses flow to program activities, above the 75% benchmark most third-party charity raters use.
Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. Childrens Hospital Corporation reported $2.7B in 2023, up notably from the start of the window. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Childrens Hospital Corporation is categorized under Health — the largest segment of U.S. nonprofit revenue, dominated by hospitals, hospital systems, and health-research organizations. Revenue-to-program ratios in this category often look different from smaller-program nonprofits because the underlying operations are capital-intensive.
How Childrens Hospital Corporation Compares
Childrens Hospital Corporation directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 78/100 is 3 points below the Health category average. The organization holds 33.7 months of operating reserves, indicating strong financial stability.
Where Your Donation Goes
Based on IRS tax-exempt organization data, for every dollar donated to Childrens Hospital Corporation, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.
Revenue History
Childrens Hospital Corporation has an Efficiency Score of B (78/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
Childrens Hospital Corporation, Donor FAQ
Childrens Hospital Corporation has an Efficiency Score of B (78/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
CEO/officer compensation for Childrens Hospital Corporation is not reported in the most recent IRS 990 filing on file.
Childrens Hospital Corporation reported $2.7B in annual revenue and $2.9B in total expenses for filing year 2023. The organization holds $8.1B in total assets.
For every dollar donated to Childrens Hospital Corporation, approximately 78.0 cents goes to program activities. The organization has 33.7 months of operating reserves, providing financial stability to sustain its mission.
Childrens Hospital Corporation is a registered 501(c) organization with EIN 042774441, based in Boston, Massachusetts. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Health Nonprofits
Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.