Children's Health CARE
Also known as Children's Hospitals & Clinics of Mn
Children's Health CARE reported $1.21 billion in revenue and $1.15 billion in expenses for calendar year 2024. Of every $100 it spent, $87.33 went to program services, $12.67 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 91.0% of the total. The highest compensation it reported for one person was $4,156,070 (PRESIDENT AND CEO). 1,313 people received more than $100,000 in reportable compensation. Revenue rose 23% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.15BFor 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 $1.21BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.3% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.7% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 2.9% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.5% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 91.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $4,156,070 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.36% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 1,313 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 14.8 | 6.6 |
| Independent voting board members Part VI 1a–1b | 16 of 17 | 88.9% |
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 expenseHospital program services: families look to children's hospitals and clinics of minnesota for the finest in pediatric care. With two pediatric hospital facilities and 462 staffed beds, we champion the special health needs of children and their families and are committed to providing high-quality, family centered pediatric services. The leapfrog group's annual list of top hospitals named children's hospitals and clinics of minnesota's minneapolis and st. Paul hospitals as two of the top ten pediatric hospitals in the country for quality and efficiency
Education: many efforts to improve the health and well-being of children and youth require long-term investment in their future. Children's provides education and training programsfor providers, Health Care students, and other health professionals in the following areas: 1) community medical education for community physicians: during the 2024 calendar year, children's provided training to 443 affiliated residents and fellows, and hosted 161 medical student & 744 resident rotations at children's minneapolis, children's st paul, or both locations
Research: children's has 348 open research studies, of which 171 are actively recruiting clinical trials. In 2024 children's received about $5.3 million from industry contracts and federal stateand foundation sponsors. Types of studies and trials conducted at children's are investigator-initiated studies, external multi-center trials, observational studies, registries, and supportive services such as case management. Children's had ongoing research in emergency/trauma, cystic fibrosis, diabetes and endocrinology, cardiovascular and critical care, pain and palliative care, integrative…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT AND CEO Director/trustee, officer, 47.00 hrs/week | $3,659,536 | $0 | $496,534 | $4,156,070 |
| SURGICAL DIR, PEDS NEUROSURGEON Highest compensated employee, 50.00 hrs/week | $1,132,772 | $0 | $49,669 | $1,182,441 |
| STAFF PHYSICIAN Highest compensated employee, 50.00 hrs/week | $1,080,476 | $0 | $49,487 | $1,129,963 |
| SVP MEDICAL AFFAIRS & CMO Officer, 50.00 hrs/week | $974,679 | $0 | $32,404 | $1,007,083 |
| SVP & CFO Director/trustee, officer, 47.00 hrs/week | $945,454 | $0 | $50,152 | $995,606 |
| MEDICAL DIRECTOR NEONATOLOGY Highest compensated employee, 50.00 hrs/week | $815,089 | $0 | $51,402 | $866,491 |
| STAFF PHYSICIAN Highest compensated employee, 50.00 hrs/week | $814,995 | $0 | $37,986 | $852,981 |
| M.D. RADIOLOGY, BOARD MEMBER Director/trustee, 47.00 hrs/week | $725,498 | $38,184 | $51,374 | $815,056 |
1,313 people received more than $100,000 in reportable compensation from Children's Health CARE (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b17 · 16 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 11aYes
- 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 14bYes
- Employees Part I, line 56,926
- Volunteers Part I, line 6345
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| CHILDREN'S HEART CLINIC PA Physician services | $17,927,630 |
| ORACLE Hardware/software | $10,857,032 |
| MEDICAL STAFFING SOLUTIONS INC Nurse staffing | $9,807,959 |
| PEDIATRIC SURGICAL ASSOC LTD Physician services | $4,137,181 |
| SODEXO INC Food services | $4,097,359 |
Individuals listed as contractors are left out. 307 contractors were paid more than $100,000 in all.
Private foundation grants it received
9 private foundations reported grants to Children's Health CARE totaling $344K 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 Health CARE'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 Health CARE, you can publish a response that is linked from this page.
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Of every $100 Children's Health CARE spent in 2024, $87.33 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- St Cloud HospitalSt Cloud, MN · revenue $1.20B · programs 84.3% · FY2025
- Driscoll Children's Health PlanCorpus Christi, TX · revenue $1.21B · programs 92.8% · 2024
- Scott & White ClinicDallas, TX · revenue $1.20B · programs 94.4% · FY2025
- Intermountain Front RangeBroomfield, CO · revenue $1.21B · programs 87.0% · 2024
- South Shore University HospitalWestbury, NY · revenue $1.20B · programs 89.9% · 2024
Questions people ask
How much of Children's Health CARE's spending goes to programs?
In calendar year 2024, Children's Health CARE reported that 87.3% of its $1.15 billion in expenses went to program services, 12.7% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Children's Health CARE pay its top executive?
The largest total compensation Children's Health CARE reported for one person in calendar year 2024 was $4,156,070, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Children's Health CARE get its money?
Of $1.21 billion in revenue in calendar year 2024, 2.9% came from contributions and grants (including 1.5% from government grants) and 91.0% from program service revenue (Form 990, Part VIII).
Is Children's Health CARE a registered charity?
The IRS lists EIN 41-1754276 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 202513219349306676 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423209349309312 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323189349318647 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203169349301625 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133189349301093 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043029349301334 · read the filing
All filings for EIN 41-1754276: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.