Nationwide Childrens Hospital
Nationwide Children's Hospital shows consistent revenue and asset growth with healthy operating margins over the last decade.
EIN: 10782751 · Columbus, OH · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $4.3B |
| Total Expenses | $3.6B |
| Program Spending | 88% |
| Net Assets | $6.4B |
| Transparency Score | 85/100 |
Is Nationwide Childrens Hospital Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nationwide Childrens Hospital directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nationwide Childrens Hospital
Nationwide Childrens Hospital (EIN: 10782751) is a nonprofit organization based in Columbus, OH. The organization reported total revenue of $4.3B and total assets of $9.0B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nationwide Childrens Hospital's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nationwide Childrens Hospital is a major nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9B |
| Total Expenses | $3.6B |
| Surplus / Deficit | +$317.2M |
| Total Assets | $8.2B |
| Total Liabilities | $1.8B |
| Net Assets | $6.4B |
| Operating Margin | 8.2% |
| Debt-to-Asset Ratio | 22.0% |
| Months of Reserves | 27.6 months |
Financial Health Grade: A
In 2023, Nationwide Childrens Hospital reported a surplus of $317.2M with revenue exceeding expenses, holds 27.6 months of operating reserves (strong position), has a debt-to-asset ratio of 22.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nationwide Childrens Hospital's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.3% | +3.2% | +10.5% |
| 2022 | +53.2% | +60.7% | +8.5% |
| 2021 | +15.8% | +8.1% | +13.3% |
| 2020 | -1.5% | +5.9% | +12.8% |
| 2019 | +8.6% | +9.6% | +18.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nationwide Childrens Hospital with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Nationwide Childrens Hospital allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $317.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.0%.
Executive Compensation Analysis
The provided data consistently reports 0% for 'Officer Comp' across all filings, which suggests that executive compensation is either not reported in this specific field or is included within broader expense categories, making it difficult to assess relative to the organization's substantial size and revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Nationwide Childrens Hospital's IRS 990 filings:
- Lack of specific executive compensation details in provided data
- NTEE code unknown, limiting direct peer comparison for efficiency metrics
Strengths
The following positive indicators were identified for Nationwide Childrens Hospital:
- Consistent and substantial revenue growth, from $1.61B in 2014 to $3.89B in 2023
- Strong asset growth, from $2.92B in 2014 to $8.23B in 2023, indicating financial stability and capacity
- Healthy operating margins, with revenue consistently exceeding expenses (e.g., 2023 revenue $3.89B vs. expenses $3.57B)
- Low liabilities relative to assets, indicating a strong balance sheet (e.g., 2023 liabilities $1.81B vs. assets $8.23B)
Frequently Asked Questions about Nationwide Childrens Hospital
Is Nationwide Childrens Hospital a legitimate charity?
Based on AI analysis of IRS 990 filings, Nationwide Childrens Hospital (EIN: 10782751) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Nationwide Childrens Hospital spend its money?
Nationwide Childrens Hospital directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nationwide Childrens Hospital tax-deductible?
Nationwide Childrens Hospital is registered as a tax-exempt nonprofit (EIN: 10782751). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Nationwide Childrens Hospital's spending goes to programs?
Nationwide Childrens Hospital directs 88% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Nationwide Childrens Hospital located?
Nationwide Childrens Hospital is headquartered in Columbus, Ohio and files with the IRS under EIN 10782751.
How many years of IRS 990 filings does Nationwide Childrens Hospital have?
Nationwide Childrens Hospital has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.3B in total revenue.
How does Nationwide Children's Hospital manage its significant asset growth?
The hospital's assets have grown substantially from $2.92 billion in 2014 to $8.23 billion in 2023. This growth, alongside consistent revenue exceeding expenses, suggests strategic financial management, likely involving investments, capital improvements, and expansion of facilities and services to support its mission.
What is the actual program spending ratio for Nationwide Children's Hospital?
Based on the latest available data (202312), expenses were $3,569,891,659 against revenue of $3,887,139,371. While a precise program spending ratio requires detailed expense breakdowns not fully provided, the overall financial health and the nature of a hospital suggest a significant portion of expenses are directly tied to patient care and medical services, which are programmatic.
Is the lack of reported officer compensation a concern for transparency?
The consistent reporting of 0% for 'Officer Comp' in the provided data could be a point of inquiry for full transparency. While it doesn't necessarily indicate a lack of compensation, it means the specific figures for executive pay are not readily apparent in this particular data field, making it harder to evaluate leadership compensation practices.
Filing History
IRS 990 filing history for Nationwide Childrens Hospital showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nationwide Childrens Hospital's revenue has grown by 254.9%, moving from $1.1B to $3.9B. Total assets increased by 330.2% over the same period, from $1.9B to $8.2B. Total functional expenses rose by 279.9%, from $939.6M to $3.6B. In its most recent filing year (2023), Nationwide Childrens Hospital reported a surplus of $317.2M, with revenue exceeding expenses. The organization holds $1.8B in liabilities against $8.2B in assets (debt-to-asset ratio: 22.0%), resulting in net assets of $6.4B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9B | $3.6B | $8.2B | $1.8B | — | — |
| 2022 | $3.9B | $3.5B | $7.4B | $1.8B | — | View 990 |
| 2021 | $2.5B | $2.2B | $6.9B | $1.3B | — | View 990 |
| 2020 | $2.2B | $2.0B | $6.1B | $1.3B | — | View 990 |
| 2019 | $2.2B | $1.9B | $5.4B | $1.2B | — | View 990 |
| 2018 | $2.1B | $1.7B | $4.5B | $1.0B | — | View 990 |
| 2017 | $2.0B | $1.6B | $4.4B | $1.0B | — | View 990 |
| 2016 | $1.8B | $1.5B | $3.7B | $938.0M | — | View 990 |
| 2015 | $1.7B | $1.4B | $3.4B | $913.4M | — | View 990 |
| 2014 | $1.6B | $1.2B | $2.9B | $748.1M | — | View 990 |
| 2013 | $1.4B | $1.1B | $2.5B | $697.9M | — | View 990 |
| 2012 | $1.2B | $1.0B | $2.2B | $742.9M | — | View 990 |
| 2011 | $1.1B | $939.6M | $1.9B | $678.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9B, expenses of $3.6B, and assets of $8.2B (revenue -0.3% year-over-year).
- 2022: Revenue of $3.9B, expenses of $3.5B, and assets of $7.4B (revenue +53.2% year-over-year).
- 2021: Revenue of $2.5B, expenses of $2.2B, and assets of $6.9B (revenue +15.8% year-over-year).
- 2020: Revenue of $2.2B, expenses of $2.0B, and assets of $6.1B (revenue -1.5% year-over-year).
- 2019: Revenue of $2.2B, expenses of $1.9B, and assets of $5.4B (revenue +8.6% year-over-year).
- 2018: Revenue of $2.1B, expenses of $1.7B, and assets of $4.5B (revenue +3.1% year-over-year).
- 2017: Revenue of $2.0B, expenses of $1.6B, and assets of $4.4B (revenue +11.4% year-over-year).
- 2016: Revenue of $1.8B, expenses of $1.5B, and assets of $3.7B (revenue +3.6% year-over-year).
- 2015: Revenue of $1.7B, expenses of $1.4B, and assets of $3.4B (revenue +7.3% year-over-year).
- 2014: Revenue of $1.6B, expenses of $1.2B, and assets of $2.9B (revenue +15.8% year-over-year).
- 2013: Revenue of $1.4B, expenses of $1.1B, and assets of $2.5B (revenue +16.7% year-over-year).
- 2012: Revenue of $1.2B, expenses of $1.0B, and assets of $2.2B (revenue +8.8% year-over-year).
- 2011: Revenue of $1.1B, expenses of $939.6M, and assets of $1.9B.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nationwide Childrens Hospital:
Data Sources and Methodology
This transparency report for Nationwide Childrens Hospital is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.