CHILDRENS HOSPITAL MEDICAL CENTER OF AKRON
1 PERKINS SQ, AKRON, OH · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $1,540,288,244 | $1,353,888,762 | $1,840,379,977 |
| FY2023 | $1,383,190,674 | $1,251,288,721 | $1,619,288,262 |
| FY2022 | $1,208,071,774 | $1,125,930,862 | $1,416,463,697 |
| FY2021 | $1,186,366,453 | $1,022,527,147 | $1,443,945,749 |
| FY2020 | $994,852,188 | $925,616,553 | $1,245,161,086 |
| FY2019 | $1,014,517,498 | $907,476,554 | $1,063,747,509 |
| FY2018 | $909,275,642 | $841,219,240 | $922,725,364 |
| FY2017 | $873,482,166 | $801,345,000 | $821,283,849 |
| FY2016 | $814,665,165 | $750,621,796 | $713,695,437 |
| FY2015 | $765,325,681 | $693,587,558 | $652,784,147 |
| FY2014 | $709,754,380 | $617,925,184 | $586,829,644 |
| FY2013 | $620,232,397 | $578,054,703 | $542,578,961 |
| FY2012 | $577,463,451 | $545,202,812 | $394,687,426 |
| FY2011 | $524,374,884 | $481,744,320 | $329,149,976 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $28,510,950 | 2% |
| Program service revenue | $1,453,633,921 | 98% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $1,060,873,971 | 78% |
| Management & general | $286,647,762 | 21% |
| Fundraising | $6,367,029 | 0% |
What the numbers show
- Program service revenue made up 98% of total revenue in FY2024.
- Program services accounted for 78% of functional expenses, management & general 21%, and fundraising 0%.
- 78% of functional expenses went to program services in FY2024. That is higher than 21.3% of 183 Health Care organizations in OH.
- Net assets covered about 16.3 months of expenses at the end of the reporting year. That puts it in the 58th percentile among 694 Health Care organizations in OH.
- Total revenue was higher than 98.2% of 712 Health Care organizations in OH.
- Total revenue rose from $524,374,884 in FY2011 to $1,540,288,244 in FY2024, Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2011 to FY2024.
- Net assets grew from $329,149,976 to $1,840,379,977 between FY2011 and FY2024.
- 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
CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON ("CHMCA") IS DEDICATED TO IMPROVING THE HEALTH OF CHILDREN THROUGH QUALITY PATIENT CARE, RESEARCH & EDUCATION, COMMUNITY SERVICE, AND CHILD ADVOCACY.
IRS status
| Ruling year | 1937 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E240 — Health Care (in OH) |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- CARESOURCE — DAYTON, OH · $1,514,731,827
- CHRIST HOSPITAL — CINCINNATI, OH · $1,491,663,160
- MIAMI VALLEY HOSPITAL — DAYTON, OH · $1,604,924,367
- CARESOURCE GEORGIA CO — DAYTON, OH · $1,467,472,962
- TOLEDO HOSPITAL — TOLEDO, OH · $1,672,239,052
- CARESOURCE INDIANA INC — DAYTON, OH · $1,324,786,071
- ELDERSERVE HEALTH INC — DAYTON, OH · $1,265,590,864
- KETTERING COLLEGE — MIAMISBURG, OH · $1,176,502,669
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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.