The Wealth Of Children's Hospitals

NAME STATE REVENUE EXPENSE PROFIT/LOSS P/L % NET ASSETS Arkansas Children’s Hospital AR $513,077,329 $470,218,040 $42,859,289 8.40% $426,098,451 Children’s Hospital Of Alabama AL $488,044,516 $452,668,310 $35,376,206 7.30% $181,590,567 Phoenix Children’s Hospital AZ $410,997,658 $408,301,180 $2,696,478 0.01% $237,778,759 Children’s Hospital, Oakland CA $443,463,208 $436,614,257 $6,848,951 0.02% $67,043,783 Children’s Hospital Central California CA $370,396,310 $341,028,245 $29,368,065 7.80% $244,170,208 Children’s Hospital Los Angeles CA $546,993,497 $597,085,259 ($50,091,762) -9.00% $757,880,688 Packard Children’s Hospital/Stanford CA $772,101,422 $695,454,319 $76,647,103 10.00% $1,068,059,068 Children’s Hospital Orange County CA $419,642,149 $394,180,765 $25,461,384 6.00% $170,231,578 Rady Children’s Hospital San Diego CA $515,220,872 $453,690,576 $61,530,296 12.00% $313,475,957 Connecticut Children’s Medical Center CT $192,822,160 $185,845,398 $6,976,762 4.00% $87,110,120 Denver Children’s Hospital CO $588,534,289 $519,492,727 $69,041,562 11.70% $864,761,908 Children’s National Medical Center DC $730,275,611 $689,441,434 $40,834,177 5.60% $293,989,594 Nemours Foundation DE $662,188,954 $641,555,474 $20,633,480 3.20% $894,886,023 Miami Children’s Hospital FL $420,342,520 $391,198,594 $29,143,926 6.90% $333,108,131 All Children’s Hospital/St. Petersburg FL $313,176,337 $282,228,191 $30,948,146 9.90% $515,608,877 Egleston Children’s Hospital/Emory Univ. 1 GA $416,559,232 $349,586,298 $66,972,934 16.00% $498,981,258 Scottish Rite Children’s Medical Center 1 GA $424,604,329 $361,730,004 $62,874,325 14.90% $704,274,994 Children’s Memorial Hospital IL $533,957,494 $539,146,611 ($5,189,117) -0.01% $1,023,696,707 Children’s Hospital New Orleans LA $183,982,783 $221,542,644 ($37,559,861) -21% $763,135,302 Children’s Hospital Boston MA $1,348,731,678 $1,254,201,376 $94,530,302 7.00% $1,638,338,883 Children’s Hospital Of Michigan MI $388,228,888 $368,128,180 $20,100,708 5.00% $621,406,992 Children’s Mercy Hospital MO $684,116,645 $655,380,294 $28,736,351 4.20% $439,155,719 Ssm Cardinal Glennon Children’s Hospital MO $251,554,901 $234,228,305 $17,326,596 6.70% $367,531,955 Children’s Hospitals & Clinics MN $565,417,744 $543,821,382 $21,596,362 3.90% $466,320,655 Children’s Hospital & Medical Center/Omaha NE $239,177,086 $219,812,505 $19,364,581 7.90% $112,978,140 Children’s Hospital/Akron OH $434,893,891 $422,861,876 $12,032,015 2.80% $314,793,524 Children’s Hospital/Cincinnati OH $1,461,074,989 $1,408,531,167 $52,543,822 3.60% $1,114,489,409 Nationwide Children’s Hospital/Columbus OH $918,711,467 $823,119,485 $95,591,982 10.40% $981,528,631 Children’s Medical Center/Dayton OH $197,591,955 $172,021,897 $25,570,058 13.10% $290,946,284 Children’s Hospital/Philadelphia 2 PA $1,439,522,728 $1,242,304,406 $197,218,322 13.70% $980,459,609 East Tennessee Children’s Hospital/Knoxville TN $136,190,172 $135,481,435 $708,737 0.01% $118,984,238 St. Jude Children’s Research Hospital 3 TN $551,415,598 $562,751,195 ($11,335,597) -2.00% $1,907,013,413 Children’s Medical Center/Dallas TX $912,034,106 $830,565,764 $81,468,342 8.90% $996,451,209 Cook Children’s Medical Center/Ft. Worth TX $563,749,365 $464,185,111 $99,564,254 17.70% $286,520,620 Driscoll Children’s Hospital/Corpus Christi TX $215,693,875 $186,397,552 $29,296,323 13.40% $155,613,501 Texas Children’s Hospital/Houston TX $1,001,158,792 $957,970,480 $43,188,312 4.30% $2,038,637,976 Children’s Hospital/Norfolk VA $262,630,438 $239,080,162 $23,550,276 9.10% $147,905,686 Seattle Children’s Hospital WA $707,928,519 $668,033,587 $39,894,932 5.60% $765,812,223 Children’s Hospital Of Wisconsin WI $588,727,332 $514,234,106 $74,493,226 12.60% $694,988,677 TOTAL: $21,814,930,839 $20,334,118,591 $1,480,812,248 $23,885,759,317 AVERAGE: $559,357,201 $521,387,656 $37,969,545 6.20% $612,455,367

NOTES: Based on hospitals’ most recent tax returns; KHN analysis.

Not all children’s hospitals file separate tax returns. Most are part of large health care systems, which do not break out financial results.

NET ASSETS are the nonprofit equivalent of the net worth of a for-profit organization: what’s left after liabilities are subtracted from the total assets of a non-profit. As such, they are a measure of the wealth an organization accumulates over time. Net assets may include cash and reserves available for current use; reserves that are temporarily unavailable but may be used in the future, and endowments whose use is restricted according to the donor’s wishes.

1) Egleston and Scottish Rite hospitals are part of Children’s Healthcare of Atlanta.

2) The profit, or surplus, for Children’s Hospital of Philadelphia includes a one-time gain of approximately $100 million for the year ending June 2009.

3) About half of St. Jude’s spending went for research.

KFF Health News is a national newsroom that produces in-depth journalism about health issues and is one of the core operating programs at KFF—an independent source of health policy research, polling, and journalism. Learn more about KFF.

<h1>The Wealth Of Children’s Hospitals</h1>
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			September 25, 2011		</time>
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NAMESTATEREVENUEEXPENSEPROFIT/LOSSP/L %NET ASSETSArkansas Children’s HospitalAR$513,077,329 $470,218,040 $42,859,289 8.40%$426,098,451Children’s Hospital Of AlabamaAL$488,044,516 $452,668,310 $35,376,206 7.30%$181,590,567Phoenix Children’s HospitalAZ$410,997,658 $408,301,180 $2,696,478 0.01%$237,778,759Children’s Hospital, OaklandCA$443,463,208 $436,614,257 $6,848,951 0.02%$67,043,783Children’s Hospital Central CaliforniaCA$370,396,310 $341,028,245 $29,368,065 7.80%$244,170,208Children’s Hospital Los AngelesCA$546,993,497 $597,085,259 ($50,091,762)-9.00%$757,880,688Packard Children’s Hospital/StanfordCA$772,101,422 $695,454,319 $76,647,103 10.00%$1,068,059,068Children’s Hospital Orange CountyCA$419,642,149 $394,180,765 $25,461,384 6.00%$170,231,578Rady Children’s Hospital San DiegoCA$515,220,872 $453,690,576 $61,530,296 12.00%$313,475,957Connecticut Children’s Medical CenterCT$192,822,160 $185,845,398 $6,976,762 4.00%$87,110,120Denver Children’s HospitalCO$588,534,289 $519,492,727 $69,041,562 11.70%$864,761,908Children’s National Medical CenterDC$730,275,611 $689,441,434 $40,834,177 5.60%$293,989,594Nemours FoundationDE$662,188,954 $641,555,474 $20,633,480 3.20%$894,886,023Miami Children’s HospitalFL$420,342,520 $391,198,594 $29,143,926 6.90%$333,108,131All Children’s Hospital/St. PetersburgFL$313,176,337 $282,228,191 $30,948,146 9.90%$515,608,877Egleston Children’s Hospital/Emory Univ. <a href="#1">1</a>GA$416,559,232 $349,586,298 $66,972,934 16.00%$498,981,258Scottish Rite Children’s Medical Center <a href="#1">1</a>GA$424,604,329 $361,730,004 $62,874,325 14.90%$704,274,994Children’s Memorial HospitalIL$533,957,494 $539,146,611 ($5,189,117)-0.01%$1,023,696,707Children’s Hospital New OrleansLA$183,982,783 $221,542,644 ($37,559,861)-21%$763,135,302Children’s Hospital BostonMA$1,348,731,678 $1,254,201,376 $94,530,302 7.00%$1,638,338,883Children’s Hospital Of MichiganMI$388,228,888 $368,128,180 $20,100,708 5.00%$621,406,992Children’s Mercy HospitalMO$684,116,645 $655,380,294 $28,736,351 4.20%$439,155,719Ssm Cardinal Glennon Children’s HospitalMO$251,554,901 $234,228,305 $17,326,596 6.70%$367,531,955Children’s Hospitals & ClinicsMN$565,417,744 $543,821,382 $21,596,362 3.90%$466,320,655Children’s Hospital & Medical Center/OmahaNE$239,177,086 $219,812,505 $19,364,581 7.90%$112,978,140Children’s Hospital/AkronOH$434,893,891 $422,861,876 $12,032,015 2.80%$314,793,524Children’s Hospital/CincinnatiOH$1,461,074,989 $1,408,531,167 $52,543,822 3.60%$1,114,489,409Nationwide Children’s Hospital/ColumbusOH$918,711,467 $823,119,485 $95,591,982 10.40%$981,528,631Children’s Medical Center/DaytonOH$197,591,955 $172,021,897 $25,570,058 13.10%$290,946,284Children’s Hospital/Philadelphia <a href="#2">2</a>PA$1,439,522,728 $1,242,304,406 $197,218,322 13.70%$980,459,609East Tennessee Children’s Hospital/KnoxvilleTN$136,190,172 $135,481,435 $708,737 0.01%$118,984,238St. Jude Children’s Research Hospital <a href="#3">3</a>TN$551,415,598 $562,751,195 ($11,335,597)-2.00%$1,907,013,413Children’s Medical Center/DallasTX$912,034,106 $830,565,764 $81,468,342 8.90%$996,451,209Cook Children’s Medical Center/Ft. WorthTX$563,749,365 $464,185,111 $99,564,254 17.70%$286,520,620Driscoll Children’s Hospital/Corpus ChristiTX$215,693,875 $186,397,552 $29,296,323 13.40%$155,613,501Texas Children’s Hospital/HoustonTX$1,001,158,792 $957,970,480 $43,188,312 4.30%$2,038,637,976Children’s Hospital/NorfolkVA$262,630,438 $239,080,162 $23,550,276 9.10%$147,905,686Seattle Children’s HospitalWA$707,928,519 $668,033,587 $39,894,932 5.60%$765,812,223Children’s Hospital Of WisconsinWI$588,727,332 $514,234,106 $74,493,226 12.60%$694,988,677TOTAL:$21,814,930,839 $20,334,118,591 $1,480,812,248 $23,885,759,317AVERAGE:$559,357,201 $521,387,656 $37,969,545 6.20%$612,455,367NOTES: Based on hospitals’ most recent tax returns; KHN analysis.Not all children’s hospitals file separate tax returns. Most are part of large health care systems, which do not break out financial results.NET ASSETS are the nonprofit equivalent of the net worth of a for-profit organization: what’s left after liabilities are subtracted from the total assets of a non-profit. As such, they are a measure of the wealth an organization accumulates over time. Net assets may include cash and reserves available for current use; reserves that are temporarily unavailable but may be used in the future, and endowments whose use is restricted according to the donor’s wishes. <a>1)</a> Egleston and Scottish Rite hospitals are part of Children’s Healthcare of Atlanta.<a>2)</a> The profit, or surplus, for Children’s Hospital of Philadelphia includes a one-time gain of approximately $100 million for the year ending June 2009. <a>3)</a> About half of St. Jude’s spending went for research.<a href="https://kffhealthnews.org/about-us">KFF Health News</a> is a national newsroom that produces in-depth journalism about health issues and is one of the core operating programs at KFF—an independent source of health policy research, polling, and journalism. Learn more about <a href="https://www.kff.org/about-us">KFF</a>.<a href="https://kffhealthnews.org/morning-briefing/">Subscribe</a> to KFF Health News' free Morning Briefing.

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