CONNECTICUT CHILDRENS MEDICAL CENTER
282 WASHINGTON ST, HARTFORD, CT · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $639,591,217 | $609,949,712 | $600,172,697 |
| FY2024 | $637,649,357 | $547,563,754 | $579,361,082 |
| FY2023 | $538,720,983 | $502,193,587 | $498,226,700 |
| FY2022 | $484,453,725 | $444,525,068 | $431,012,488 |
| FY2021 | $449,106,821 | $391,297,432 | $450,996,899 |
| FY2020 | $406,852,063 | $371,945,837 | $320,407,775 |
| FY2019 | $393,912,000 | $355,999,364 | $316,430,707 |
| FY2018 | $366,987,704 | $333,355,168 | $314,388,443 |
| FY2017 | $355,882,607 | $313,763,816 | $269,342,344 |
| FY2016 | $329,397,611 | $303,262,994 | $212,905,253 |
| FY2015 | $320,285,438 | $288,050,340 | $198,249,845 |
| FY2014 | $274,123,420 | $279,881,319 | $200,601,965 |
| FY2013 | $264,466,679 | $267,304,542 | $219,132,129 |
| FY2012 | $263,923,099 | $246,777,911 | $209,337,925 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $98,264,828 | 16% |
| Program service revenue | $533,841,981 | 84% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $436,418,007 | 72% |
| Management & general | $173,531,705 | 28% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 84% of total revenue in FY2025.
- Program services accounted for 72% of functional expenses, management & general 28%, and fundraising 0%.
- 72% of functional expenses went to program services in FY2025. That is higher than 8.5% of 71 Health Care organizations in CT.
- Net assets covered about 11.8 months of expenses at the end of the reporting year. That puts it in the 55th percentile among 295 Health Care organizations in CT.
- Total revenue was higher than 97.4% of 303 Health Care organizations in CT.
- Total revenue rose from $263,923,099 in FY2012 to $639,591,217 in FY2025, Revenue increased in 13 and decreased in 0 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2013, FY2014).
- Net assets grew from $209,337,925 to $600,172,697 between FY2012 and FY2025.
- Contributions and grants made up 7% of revenue in FY2012 and 15% in FY2025.
- Donations are generally tax-deductible (public charity).
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
CONNECTICUT CHILDREN'S MEDICAL CENTER IS DEDICATED TO IMPROVING THE PHYSICAL AND EMOTIONAL HEALTH OF CHILDREN THROUGH FAMILY-CENTERED CARE, RESEARCH, EDUCATION AND ADVOCACY.
IRS status
| Ruling year | 1956 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E240 — Health Care (in CT) |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 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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