Childrens Medical Center
300 Longwood Ave, Boston, MA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $500,752,565 | $273,433,998 | $1,980,979,900 |
| FY2024 | $338,367,630 | $235,900,404 | $1,546,235,910 |
| FY2023 | $285,927,344 | $227,411,530 | $1,041,247,192 |
| FY2022 | $278,963,648 | $229,620,807 | $925,731,019 |
| FY2021 | $224,711,683 | $188,960,524 | $1,266,102,867 |
| FY2020 | $184,461,001 | $185,543,729 | $679,477,804 |
| FY2019 | $310,941,929 | $212,855,796 | $752,905,318 |
| FY2018 | $321,760,342 | $202,652,722 | $859,785,060 |
| FY2017 | $287,754,945 | $194,481,580 | $885,202,258 |
| FY2016 | $187,825,277 | $173,318,916 | $669,379,707 |
| FY2015 | $133,417,167 | $54,094,092 | $514,741,978 |
| FY2014 | $71,923,104 | $20,998,257 | $659,815,192 |
| FY2013 | $104,474,636 | $16,391,659 | $611,204,034 |
| FY2012 | $57,045,066 | $15,421,054 | $589,129,303 |
Form 990 filings
The returns filed by Childrens Medical Center (EIN 04-1174680), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $354,319 | <1% |
| Program service revenue | $183,439,359 | 37% |
| Other revenue | $316,958,887 | 63% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $222,065,656 | 81% |
| Management & general | $51,368,342 | 19% |
| Fundraising | $0 | 0% |
What the numbers show
- Other revenue made up 63% of total revenue in FY2025.
- Program services accounted for 81% of functional expenses, management & general 19%, and fundraising 0%.
- 81% of functional expenses went to program services in FY2025. That is higher than 25.6% of 176 Health Care organizations in MA.
- Net assets covered about 86.9 months of expenses at the end of the reporting year. That puts it in the 83rd percentile among 620 Health Care organizations in MA.
- Total revenue was higher than 96.3% of 651 Health Care organizations in MA.
- Total revenue rose from $57,045,066 in FY2012 to $500,752,565 in FY2025. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2020).
- Net assets grew from $589,129,303 to $1,980,979,900 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
Holds & manages investments for Children's Hospital Corp. and its affiliated organizations.
IRS status
| Ruling year | 1960 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E240 — Health Care (in MA) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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