Charity Search / CHILDRENS HOSPITAL MEDICAL CENTER OF AKRON
Health Care (E240) IRS Verified DX Registered 990 on File

CHILDRENS HOSPITAL MEDICAL CENTER OF AKRON

EIN: 34-0714357 · AKRON, OH 44308-1063 · United States · FY 2024 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 81/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$1540.3M
Total Revenue
$1353.9M
Total Expenses
$1840.4M
Net Assets
8707
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 78.4%
Fundraising Efficiency 1577.5%
Operating Reserve 16.31x
Liability-to-Asset 26.6%
Revenue Diversification 94.4%
Executive Compensation $11.8M
Compared with Peers
FY 2024
Compared with 938 similar organizations (United States, Health Care, $100M and over in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
78.4% 87.7%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
21.2% 12.3%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.5% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
1577.5% 565.8%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
16.3 mo 6.1 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
26.6% 44.5%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
94.4% 96.4%
P10P90
Above median
Revenue growth
Year over year revenue growth
11.4% 9.1%
P10P90
Expense growth
Year over year expense growth
8.2% 7.8%
P10P90
Surplus margin
Surplus as a share of revenue
12.1% 2.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $1540.3M $1353.9M $1840.4M 78.4% 8707
2023 $1383.2M $1251.3M $1619.3M 75.2% 8203
2022 $1208.1M $1125.9M $1416.5M 79.7% 8223
2021 $1186.4M $1022.5M N/A — 7201
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Organization Details
EIN
34-0714357
State
OH
City
AKRON
ZIP
44308-1063
Classification
E240
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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