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Children's Hospital of the King's Daughters

Norfolk, VA · EIN 54-0506321 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Children's Hospital of the King's Daughters reported $821.0 million in revenue and $726.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.77 went to program services, $11.80 to management and general costs and $0.43 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 93.7% of the total. The highest compensation it reported for one person was $3,258,420 (President/CEO/Director). 652 people received more than $100,000 in reportable compensation. Revenue rose 63% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $726M

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 June 30, 2025 · Form 990, Part VIII · total revenue $821M

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)
87.8%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
11.8%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.4%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.16$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.3%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.5%0.1%
Program service revenue share
Part VIII 2g ÷ 12
93.7%93.7%
Highest reported compensation
Part VII-A, columns D–F
$3,258,420$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.45%1.34%
People paid over $100,000
Part VII, line 2
65227
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
15.86.6
Independent voting board members
Part VI 1a–1b
19 of 2388.9%

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
$637M expenses · 100.0% of program spending · grants $20M · revenue $772M

No description in Part III; see the filing.

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
President/CEO/Director
Director/trustee, officer, 2.0 hrs/week
$0$2,286,148$972,272$3,258,420
CFO/Asst Tres./Asst Sec.
Officer, 1.0 hrs/week
$0$1,027,420$535,712$1,563,132
FORMER CHIEF OPERATING OFFICER
Former, 0.0 hrs/week
$0$1,174,869$0$1,174,869
VP - IS Operations
Key employee
$0$991,934$165,374$1,157,308
Senior VP - Chief Clinical Operations Officer
Key employee
$0$970,874$184,126$1,155,000
Director
Director/trustee, 1.0 hrs/week
$0$852,062$44,227$896,289
Senior VP - Chief Legal Officer
Key employee
$0$700,226$128,648$828,874
VP - Ancillary Services
Key employee, 40.0 hrs/week
$626,435$0$186,962$813,397

652 people received more than $100,000 in reportable compensation from Children's Hospital of the King's Daughters (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.3M (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$250M$500M$750M$1.00BFY2020FY2021FY2022FY2023FY2024FY2025$821M$726M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$821M$726M87.8%$958M$3,258,420
FY2024 ⓘ$666M$676M86.8%$848M$1,690,558
FY2023 ⓘ$646M$622M88.6%$823M$1,281,016
FY2022 ⓘ$635M$534M88.3%$770M$2,254,405
FY2021 ⓘ$558M$466M87.5%$674M$1,507,098
FY2020 ⓘ$504M$442M87.2%$562M$8,917,055

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–1b23 · 19 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 15aNo
  • 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 4No
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 54,228
  • Volunteers Part I, line 6428

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CHILDREN'S SPECIALTY GROUP
Medical
$42,745,560
EASTERN VIRGINIA MED SCHOOL
Medical
$15,114,804
COMPASS ONE
Cleaning
$12,000,679
AYA HEALTHCARE INC
Temp personnel
$7,603,484
ORACLE AMERICA INC CERNER CORP
I/t
$7,055,591

Individuals listed as contractors are left out. 143 contractors were paid more than $100,000 in all.

Private foundation grants it received

45 private foundations reported grants to Children's Hospital of the King's Daughters totaling $3.4M 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 of the King's Daughters'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 of the King's Daughters, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Virginia

Questions people ask

How much of Children's Hospital of the King's Daughters's spending goes to programs?

In the fiscal year ending June 30, 2025, Children's Hospital of the King's Daughters reported that 87.8% of its $726.0 million in expenses went to program services, 11.8% to management and general and 0.4% to fundraising (Form 990, Part IX).

How much does Children's Hospital of the King's Daughters pay its top executive?

The largest total compensation Children's Hospital of the King's Daughters reported for one person in the fiscal year ending June 30, 2025 was $3,258,420, for the role of President/CEO/Director (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Children's Hospital of the King's Daughters get its money?

Of $821.0 million in revenue in the fiscal year ending June 30, 2025, 2.3% came from contributions and grants (including 0.5% from government grants) and 93.7% from program service revenue (Form 990, Part VIII).

Is Children's Hospital of the King's Daughters a registered charity?

The IRS lists EIN 54-0506321 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

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641339349302344 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531289349303443 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431359349303063 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331359349304383 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211109349301306 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141349349301854 · read the filing

All filings for EIN 54-0506321: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.