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Children's Hospital Pediatric Associates

Boston, MA · EIN 43-1987409 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Children's Hospital Pediatric Associates reported $480.7 million in revenue and $410.0 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $92.91 went to program services, $7.09 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: 87.8% of the total. The highest compensation it reported for one person was $1,386,557 (TRUSTEE (10/24)). 561 people received more than $100,000 in reportable compensation. Revenue rose 71% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $410M

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

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $481M

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

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
92.9%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
7.1%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
0.2%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
87.8%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,386,557$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.34%1.34%
People paid over $100,000
Part VII, line 2
56127
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
16.46.6
Independent voting board members
Part VI 1a–1b
2 of 2288.9%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$316M expenses · 83.0% of program spending · grants $2.5M · revenue $308M

The foundation was organized exclusively for charitable, scientific, and educational purposes. The foundation provides medical and health care services primarily to patients at boston children's hospital, and at satellite locations. The foundation may charge for patient care and other medical services, provided that any net income be used for the charitable, scientific, and educational purposes for which the foundation was created. The foundation also provides care for patients regardless of their ability to pay, as well as providing and subsidizing hospital and community based services that…

$11M expenses · 3.0% of program spending · revenue $50M

The foundation receives income from boston children's hospital for providing administration services. The foundation carries on and promotes basic and applied medical research and education in the field of pediatric care by teaching students and other medical and scientific personnel; by providing or supplementing income to research personnel through fellowships, research grants, and stipends; and by giving lectures and publishing information concerning problems and research results in the field of pediatric care in order to educate the general public and the medical profession

$53M expenses · 14.0% of program spending · revenue $64M

The foundation receives reimbursement of certain salary and fringe costs from grants from boston children's hospital

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
TRUSTEE (10/24)
Director/trustee, 45.00 hrs/week
$1,312,744$0$73,813$1,386,557
PRESIDENT
Director/trustee, officer, 55.00 hrs/week
$848,860$0$84,047$932,907
TREASURER/CLERK (10/24)
Director/trustee, officer, 60.00 hrs/week
$778,583$0$73,679$852,262
PHYSICIAN
Highest compensated employee, 60.00 hrs/week
$724,459$0$73,909$798,368
PHYSICIAN
Highest compensated employee, 60.00 hrs/week
$641,980$0$71,951$713,931
TRUSTEE
Director/trustee, 60.00 hrs/week
$615,760$0$93,561$709,321
TRUSTEE
Director/trustee, 60.00 hrs/week
$634,733$0$73,813$708,546
TRUSTEE
Director/trustee, 60.00 hrs/week
$589,878$0$105,813$695,691

561 people received more than $100,000 in reportable compensation from Children's Hospital Pediatric Associates (Part VII, line 2). Compensation of current officers, directors and key employees totaled $16M (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$200M$400M$600M$800MFY2020FY2021FY2022FY2023FY2024FY2025$481M$410M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$481M$410M92.9%$560M$1,386,557
FY2024 ⓘ$455M$414M90.1%$495M$1,082,970
FY2023 ⓘ$392M$363M86.9%$517M$938,395
FY2022 ⓘ$378M$313M87.4%$454M$1,420,104
FY2021 ⓘ$337M$347M90.0%$533M$1,251,709
FY2020 ⓘ$281M$294M88.5%$495M$888,928

Governance answers, as filed

FY2025 · 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–1b22 · 2 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 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • 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 5612

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
DANA FARBER CANCER INSTITUTE
Oncology services
$4,791,031
BOSTON CHILDREN'S NETWORK SPECIALTY PHYS
Physician services
$1,733,648
FIDELITY BROKERAGE SERVICES LLC
Investment management
$794,134
BWPO EMERGENCY MEDICINE
Physician services
$565,033
SENTINEL BENEFITS GROUP INC
Benefits administration
$329,869

Individuals listed as contractors are left out. 12 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Children's Hospital Pediatric Associates'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 Pediatric Associates, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Massachusetts

Questions people ask

How much of Children's Hospital Pediatric Associates's spending goes to programs?

In the fiscal year ending September 30, 2025, Children's Hospital Pediatric Associates reported that 92.9% of its $410.0 million in expenses went to program services, 7.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Children's Hospital Pediatric Associates pay its top executive?

The largest total compensation Children's Hospital Pediatric Associates reported for one person in the fiscal year ending September 30, 2025 was $1,386,557, for the role of TRUSTEE (10/24) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Children's Hospital Pediatric Associates get its money?

Of $480.7 million in revenue in the fiscal year ending September 30, 2025, 0.2% came from contributions and grants and 87.8% from program service revenue (Form 990, Part VIII).

Is Children's Hospital Pediatric Associates a registered charity?

The IRS lists EIN 43-1987409 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), 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

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202632269349303508 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202502109349302105 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202442289349302254 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202331959349300533 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202212279349302936 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202102249349302000 · read the filing

All filings for EIN 43-1987409: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.