Health Care
(E240)
IRS Verified
DX Registered
990 on File
CHILDRENS MERCY HOSPITAL
Financial strength (30%)
74/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Children's Mercy Hospital provides the highest level of medical care, technology, services, equipment and facilities in promoting the health and well-being of children in the region, from birth through adolescence. Patients and their families are treated with compassion in a family-centered environment that recognizes their physical, emotional, financial, social and spiritual needs. The comprehensive health care environment provided by the hospital includes clinical services, research and teaching efforts which are designed to serve today's and tomorrow's children and the community in which they live.
Financial Overview — FY 2023
$2042.9M
Total Revenue
$1778.1M
Total Expenses
$2367.1M
Net Assets
14423
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
76.1%
Fundraising Efficiency
792.8%
Operating Reserve
15.97x
Liability-to-Asset
21.5%
Revenue Diversification
86.9%
Executive Compensation
$11.6M
Compared with Peers
FY 2023
Compared with 1,810 similar organizations
(United States, Health Care, $100M and over in expenses), FY 2023.
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
|
76.1% | 87.3% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
23.5% | 12.7% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
792.8% | 478.2% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
16.0 mo | 6.0 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
21.5% | 46.1% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
86.9% | 96.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-0.5% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.0% | 6.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
13.0% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $2042.9M | $1778.1M | $2367.1M | 76.1% | 14423 |
| 2022 | $2052.8M | $1694.0M | $2098.1M | 76.6% | 10017 |
| 2021 | $1754.1M | $1578.4M | N/A | — | 9724 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.