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.