VARIETY CHILDRENS HOSPITAL
3100 SW 62ND AVE, MIAMI, FL · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $1,042,898,787 | $880,188,688 | $1,105,996,492 |
| FY2023 | $974,557,731 | $818,128,603 | $959,870,968 |
| FY2022 | $816,902,265 | $720,139,264 | $813,357,667 |
| FY2021 | $776,970,014 | $671,519,701 | $803,748,577 |
| FY2020 | $598,482,947 | $554,072,694 | $710,557,741 |
| FY2019 | $644,811,272 | $645,022,237 | $678,990,453 |
| FY2018 | $657,982,918 | $606,817,946 | $723,332,298 |
| FY2017 | $674,198,601 | $613,560,762 | $742,503,437 |
| FY2016 | $642,251,171 | $547,427,587 | $697,011,560 |
| FY2015 | $639,121,264 | $531,986,057 | $626,014,361 |
| FY2014 | $618,092,869 | $541,037,500 | $575,471,672 |
| FY2013 | $569,488,765 | $507,630,583 | $536,300,702 |
| FY2012 | $521,341,155 | $472,921,039 | $437,086,509 |
| FY2011 | $488,854,156 | $444,236,931 | $377,847,129 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $45,528,283 | 5% |
| Program service revenue | $946,079,437 | 95% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $702,902,953 | 80% |
| Management & general | $177,285,735 | 20% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 95% of total revenue in FY2024.
- Program services accounted for 80% of functional expenses, management & general 20%, and fundraising 0%.
- 80% of functional expenses went to program services in FY2024. That is higher than 17.2% of 180 Health Care organizations in FL.
- Net assets covered about 15.1 months of expenses at the end of the reporting year. That puts it in the 61st percentile among 932 Health Care organizations in FL.
- Total revenue was higher than 98.5% of 958 Health Care organizations in FL.
- Total revenue rose from $488,854,156 in FY2011 to $1,042,898,787 in FY2024, Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2019).
- Net assets grew from $377,847,129 to $1,105,996,492 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
To inspire hope and promote lifelong health by providing the best care to every child.
IRS status
| Ruling year | 1951 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E240 — Health Care (in FL) |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- SOUTH MIAMI HOSPITAL INC — SOUTH MIAMI, FL · $1,035,593,095
- BAPTIST HEALTH CARE INC — PENSACOLA, FL · $1,054,248,979
- MORTON PLANT HOSPITAL ASSOCIATION INC — CLEARWATER, FL · $1,126,021,011
- NAPLES COMMUNITY HOSPITAL INC — NAPLES, FL · $928,211,103
- TALLAHASSEE MEMORIAL HEALTHCARE INC — TALLAHASSEE, FL · $1,176,046,527
- BOCA RATON REGIONAL HOSPITAL INC — BOCA RATON, FL · $893,691,387
- BAPTIST HEALTH MEDICAL GROUP INC — CORAL GABLES, FL · $878,201,034
- MOUNT SINAI MEDICAL CENTER OF FLORIDA INC — MIAMI BEACH, FL · $1,214,110,463
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.