Seattle Childrens Hospital: $2.3B Revenue, $2.3B Expenses
Seattle, Washington · EIN 910564748 · Filing year 2023
Seattle Childrens Hospital reported $2.3B in total revenue, $2.3B in total expenses, and $4.9B in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $8.2M (0.35% of revenue). NonprofitTruth efficiency grade: B (74/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $2.3B
- Total Expenses
- $2.3B
- Total Assets
- $4.9B
- Reserve Months
- 25.4 months
- Surplus / (Deficit)
- $26.0M
- EIN
- 910564748
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $8.2M
- Officer Comp % of Revenue
- 0.35%
The efficiency rubric puts Seattle Childrens Hospital at a B grade: a composite of 74/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.
On revenue, Seattle Childrens Hospital is among the largest U.S. nonprofits: $2.3B 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. On the reserves factor, Seattle Childrens Hospital scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).
Five-year revenue trajectory is strongly positive: Seattle Childrens Hospital has grown materially in real terms, which usually signals successful fundraising and program expansion. Officer compensation is modest relative to organizational size: Seattle Childrens Hospital reports $8.2M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $2.3B in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. Seattle Childrens Hospital is categorized under Health — the largest segment of U.S. nonprofit revenue, dominated by hospitals, hospital systems, and health-research organizations. The financial profile in this category is capital-intensive, with large balance sheets and program service revenue that often dwarfs donations.
How Seattle Childrens Hospital Compares
Seattle Childrens Hospital earns a NonprofitTruth efficiency grade of B (74/100). That is 4 points below the Health category average. Compensation for current officers and key employees represents 0.35% of total revenue. The organization holds 25.4 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Seattle Childrens Hospital reported $2.3B in revenue against $2.3B in total functional expenses for filing year 2023, holding roughly 25.4 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $8.2M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.35% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Seattle Childrens Hospital has a NonprofitTruth Efficiency Score of B (74/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Seattle Childrens Hospital, Donor FAQ
Seattle Childrens Hospital has a NonprofitTruth Efficiency Score of B (74/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Seattle Childrens Hospital reports $8.2M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.35% of the organization's $2.3B in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Seattle Childrens Hospital reported $2.3B in annual revenue and $2.3B in total expenses for filing year 2023. The organization holds $4.9B in total assets.
Seattle Childrens Hospital holds approximately 25.4 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.
Seattle Childrens Hospital is a registered 501(c) organization with EIN 910564748, based in Seattle, Washington. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
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Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.