Health Care
(E240)
IRS Verified
DX Registered
990 on File
CHILDRENS HOSPITAL MEDICAL CENTER OF AKRON
Financial strength (30%)
81/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
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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