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

CHILDRENS HOSPITAL OF ALABAMA

EIN: 63-0307306 · BIRMINHGAM, AL 35233-0000 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 88/100
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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CHILDRENS HOSPITAL OF ALABAMA logo
CharityAI™ Score
Not yet evaluated
Mission Statement

The mission of Children’s of Alabama is to provide the finest pediatric health services to all children in an environment that fosters excellence in research and medical education. Children’s will be an advocate for all children and work to educate the public about issues affecting children's health and well-being.

Financial Overview — FY 2024
$953.2M
Total Revenue
$885.8M
Total Expenses
$430.7M
Net Assets
6636
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 82.0%
Fundraising Efficiency N/A
Operating Reserve 5.83x
Liability-to-Asset 56.4%
Revenue Diversification 95.7%
Executive Compensation $5.6M
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
82.0% 87.7%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
18.0% 12.3%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
5.8 mo 6.1 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
56.4% 44.5%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
95.7% 96.4%
P10P90
Above median
Revenue growth
Year over year revenue growth
4.8% 9.1%
P10P90
Expense growth
Year over year expense growth
3.7% 7.8%
P10P90
Surplus margin
Surplus as a share of revenue
7.1% 2.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $953.2M $885.8M $430.7M 82.0% 6636
2023 $909.3M $854.3M $461.8M 82.2% 6568
2022 $873.0M $798.7M $406.5M 82.4% 6490
2021 $804.3M $748.5M N/A 6432
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Organization Details
EIN
63-0307306
State
AL
City
BIRMINHGAM
ZIP
35233-0000
Classification
E240
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1911
Foundation Code
12
Form 990
On File
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