Variety Children's Hospital
Also known as Nicklaus Children's Hospital
Variety Children's Hospital reported $1.04 billion in revenue and $880.2 million in expenses for calendar year 2024. Of every $100 it spent, $79.86 went to program services, $20.14 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: 90.7% of the total. The highest compensation it reported for one person was $2,570,950 (President & CEO). 613 people received more than $100,000 in reportable compensation. Revenue rose 62% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $880MFor 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 $1.04BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 79.9% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 20.1% | 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 | 4.4% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.9% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 90.7% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,570,950 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.29% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 613 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 15.1 | 6.6 |
| Independent voting board members Part VI 1a–1b | 8 of 12 | 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 expenseVariety Children's hospital, established in 1950, owns and operates a pediatric specialty hospital now known as nicklaus children's hospital. The hospital is one of the largest freestanding pediatric teaching hospitals in the southeastern united states. It provides specialized pediatric healthcare for children regardless of race, creed, sex, national origin, age, or ability to pay. The hospital has 307 licensed beds. Nicklaus children's hospital serves as a referral center for children with complex, critical, or life-threatening illnesses requiring specialized care. It has a state-designated…
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 & CEO Director/trustee, officer, 20.0 hrs/week | $0 | $2,255,590 | $315,360 | $2,570,950 |
| SVP/COO NCHS & President NCH Director/trustee, officer, 40.0 hrs/week | $852,838 | $0 | $130,657 | $983,495 |
| SVP/CFO Health System Officer, 20.0 hrs/week | $0 | $911,422 | $30,343 | $941,765 |
| Dir. (thru 8/24), VP (thru 6/24), CMO (thru 8/24) / NCHS SVP & CCO (6/24) / NCPS Director/trustee, 40.0 hrs/week | $681,854 | $0 | $117,355 | $799,209 |
| SVP and General Counsel Officer, 20.0 hrs/week | $0 | $646,818 | $103,141 | $749,959 |
| Sr Med Dir Advanced Proj Lab Highest compensated employee, 40.0 hrs/week | $589,878 | $0 | $19,799 | $609,677 |
| VP/CFO Hospital Officer, 40.0 hrs/week | $489,846 | $0 | $46,487 | $536,333 |
| VP & NCH Chief Nursing Officer Highest compensated employee, 40.0 hrs/week | $454,235 | $0 | $45,838 | $500,073 |
613 people received more than $100,000 in reportable compensation from Variety Children's Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.6M (Part IX, line 5).
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–1b12 · 8 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 2Yes
- 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 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 53,793
- Volunteers Part I, line 6398
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| PHI AIR MEDICAL LLC Flight hours | $4,402,257 |
| MAYO MEDICAL LABORATORIES Laboratory Services | $1,685,994 |
| A AND S TOTAL CLEANING Cleaning Services | $1,674,333 |
| MIAMI ASSOCIATES IN PEDIATRIC Physician Services | $1,496,064 |
| KIDZ MEDICAL SERVICES INC Physician Services | $1,413,774 |
Individuals listed as contractors are left out. 79 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Variety Children's Hospital totaling $110K 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 Variety Children's Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Variety Children's Hospital, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Variety Children's Hospital spent in 2024, $79.86 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- South Miami HospitalMiami, FL · revenue $1.04B · programs 91.3% · FY2025
- Geisinger Wyoming Valley Medical CenterDanville, PA · revenue $1.04B · programs 95.0% · 2024
- Poudre Valley Health CAREFort Collins, CO · revenue $1.03B · programs 89.3% · FY2025
- Catholic Health Initiatives - Iowa CorpDes Moines, IA · revenue $1.05B · programs 92.9% · FY2025
- St Francis HospitalRoslyn, NY · revenue $1.03B · programs 88.3% · 2024
Questions people ask
How much of Variety Children's Hospital's spending goes to programs?
In calendar year 2024, Variety Children's Hospital reported that 79.9% of its $880.2 million in expenses went to program services, 20.1% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Variety Children's Hospital pay its top executive?
The largest total compensation Variety Children's Hospital reported for one person in calendar year 2024 was $2,570,950, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Variety Children's Hospital get its money?
Of $1.04 billion in revenue in calendar year 2024, 4.4% came from contributions and grants (including 2.9% from government grants) and 90.7% from program service revenue (Form 990, Part VIII).
Is Variety Children's Hospital a registered charity?
The IRS lists EIN 59-0638499 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 202523179349305652 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443129349302594 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343179349310499 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223139349305252 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103199349316330 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003179349303920 · read the filing
All filings for EIN 59-0638499: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.