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Children's Hospital Medical Center of Akron

Also known as Akron Children's

Akron, OH · EIN 34-0714357 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Children's Hospital Medical Center of Akron reported $1.54 billion in revenue and $1.35 billion in expenses for calendar year 2024. Of every $100 it spent, $78.36 went to program services, $21.17 to management and general costs and $0.47 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 94.4% of the total. The highest compensation it reported for one person was $1,791,308 (BOD/OFFICER-PRESIDENT AND CEO). 1,416 people received more than $100,000 in reportable compensation. Revenue rose 52% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.35B

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $1.54B

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
78.4%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
21.2%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.5%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.22$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.9%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.3%0.1%
Program service revenue share
Part VIII 2g ÷ 12
94.4%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,791,308$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.13%1.34%
People paid over $100,000
Part VII, line 2
1,41627
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
16.36.6
Independent voting board members
Part VI 1a–1b
20 of 2588.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$1.06B expenses · 100.0% of program spending · grants $1.1M · revenue $1.45B

Chmca is the largest pediatric healthcare system in northeast ohio. In 2024, chmca operated two hospital campuses in northeast ohio providing inpatient and outpatient services, emergency, urgent care, and primary and specialty care offices throughout ohio. During 2024 chmca delivered over 1,428,000 patient visits through all of its programs.inpatient services include areas of routine care, neonatal intensive care, pediatric intensive care, behavioral health, regional burn center, hematology/oncology, and emergency/trauma services. Outpatient services offers unique services in a broad range of…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
BOD/OFFICER-PRESIDENT AND CEO
Director/trustee, officer, 47.80 hrs/week
$1,475,726$0$315,582$1,791,308
CHIEF STRATEGY OFFICER - PART YEAR
Key employee, 48.00 hrs/week
$1,571,036$0$122,165$1,693,201
DIR BURN SURGERY
Highest compensated employee, 50.00 hrs/week
$1,169,159$0$24,977$1,194,136
SURGEON IN CHIEF
Key employee, 50.00 hrs/week
$1,121,356$0$44,098$1,165,454
CHIEF MATERIAL FETAIL MED SVS
Highest compensated employee, 50.00 hrs/week
$1,070,455$0$56,310$1,126,765
DIRECTOR NEUROSURGERY
Highest compensated employee, 49.00 hrs/week
$1,076,947$0$47,840$1,124,787
CHIEF OPERATING OFFICER
Key employee, 49.00 hrs/week
$1,055,002$0$38,023$1,093,025
BURN SURGEON
Highest compensated employee, 50.00 hrs/week
$1,034,761$0$53,275$1,088,036

1,416 people received more than $100,000 in reportable compensation from Children's Hospital Medical Center of Akron (Part VII, line 2). Compensation of current officers, directors and key employees totaled $12M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$500M$1.00B$1.50B$2.00B201920202021202220232024$1.54B$1.35B
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$1.54B$1.35B78.4%$1.84B$1,791,308
2023 ⓘ$1.38B$1.25B75.2%$1.62B$1,731,474
2022 ⓘ$1.21B$1.13B79.7%$1.42B$1,883,276
2021 ⓘ$1.19B$1.02B80.2%$1.44B$1,717,490
2020 ⓘ$995M$926M82.4%$1.25B$1,815,978
2019 ⓘ$1.01B$907M81.8%$1.06B$1,715,973

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b25 · 20 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 58,707
  • Volunteers Part I, line 61,069

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
LOGICALIS INC
Software mainenance, hardware, and profe
$10,711,542
ADENA CORPORATION
Construction svcs
$9,877,397
KRUMROY-COZAD CONSTRUCTION CORP
Construction svcs
$9,153,650
QUALVIS LLC
Nurse scheduling svcs
$8,333,531

Individuals listed as contractors are left out. 61 contractors were paid more than $100,000 in all.

Private foundation grants it received

33 private foundations reported grants to Children's Hospital Medical Center of Akron totaling $2.0M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Children's Hospital Medical Center of Akron's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Children's Hospital Medical Center of Akron, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Ohio

Questions people ask

How much of Children's Hospital Medical Center of Akron's spending goes to programs?

In calendar year 2024, Children's Hospital Medical Center of Akron reported that 78.4% of its $1.35 billion in expenses went to program services, 21.2% to management and general and 0.5% to fundraising (Form 990, Part IX).

How much does Children's Hospital Medical Center of Akron pay its top executive?

The largest total compensation Children's Hospital Medical Center of Akron reported for one person in calendar year 2024 was $1,791,308, for the role of BOD/OFFICER-PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Children's Hospital Medical Center of Akron get its money?

Of $1.54 billion in revenue in calendar year 2024, 1.9% came from contributions and grants (including 0.3% from government grants) and 94.4% from program service revenue (Form 990, Part VIII).

Is Children's Hospital Medical Center of Akron a registered charity?

The IRS lists EIN 34-0714357 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523179349300537 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403199349306435 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323189349315992 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243199349310984 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143159349305559 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003169349305715 · read the filing

All filings for EIN 34-0714357: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.