The Children's Hospital of Alabama

EIN: 630307306 501(c)(3) Health Care

Birmingham, AL

Total Revenue
$909,270,282
Total Expenses
$854,341,083
Total Assets
$1,018,277,827
Net Assets
$461,803,589
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Financial Trends

Organization Details

Formation Year
1911
Legal Domicile
AL
Phone
2056389100
Tax Period
2023-01-01 to 2023-12-31

The Children's Hospital of Alabama, founded in 1911, is a major nonprofit in the Health Care sector that reported $909.3M in total revenue in fiscal year 2023. Expenses of $854.3M left a modest 6% surplus.

Mission

The mission of Children's of Alabama is to provide the finest pediatric health services to all children in an environment that fosters excellence in research and medical education. Children's will be an advocate for all children and work to educate the public about issues affecting children's health and well-being.

Program Service Accomplishments

Program 1
Expenses: $702,572,497 Revenue: $879,461,049

Inpatient: Children's of Alabama provides specialized medical care for ill and injured children. Ranked among the best children's hospitals in the nation by U.S. News & World Report, Children's...

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Inpatient: Children's of Alabama provides specialized medical care for ill and injured children. Ranked among the best children's hospitals in the nation by U.S. News & World Report, Children's serves patients from every county in Alabama and nearly every state. With more than 3.5 million square feet, it is one of the largest pediatric medical facilities in the United States. Children's offers inpatient and outpatient services at its Russell Campus on Birmingham's historic Southside with additional specialty services provided at Children's South, Children's on 3rd and in Huntsville and Montgomery. Primary medical care is provided in more than a dozen communities across central Alabama. Children's is the only health system in Alabama dedicated solely to the care and treatment of children. It is a private, not-for-profit medical center that serves as the teaching hospital for the University of Alabama at Birmingham (UAB) pediatric medicine, surgery, psychiatry, research and residency programs. Children's operates 351beds, which include 48 NICU bassinets and 100critical care beds in the following units: Cardiovascular, Pediatric, Neonatal, Special Care, Critical Care, Burn and Stem Cell Transplant. In 2023, Children's Hospital had 16,130 discharges and 98,448patient days. Inpatient surgery cases totaled 5,887for 2023. The Children's Critical Care Transport team provides helicopter, jet, and ground transport for critically ill and injured children. Outpatient: Children's Hospital operates 13 outpatient specialty clinics that handle follow-up visits for patients as well as referrals from health departments across the state. These clinics provide services in Hemodialysis, Gastroenterology, Hematology/Oncology, Orthopedics, Urology, Otorhinolaryngology, Neurology, Pulmonary Function, General Surgery, Dental, Behavioral Services, Speech and Hearing, Physical Therapy, Occupational Therapy, Heart Transplant and others. In 2023, these clinics had 277,598 visits and 23,763outpatient surgeries were performed. The Hospital also provides a statewide and regional referral site for complex emergency patients. The Emergency Department had 59,725 visits in 2023. Pediatric Practices: The Hospital has a network of primary care practices throughout the state known as Pediatric Practice Solutions. It consists of 14 practices supporting approximately 70 general pediatricians. In 2023 these practices provided 319,118 visits.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,695,839
Program Service Revenue $879,461,049
Investment Income $14,171,482
Other Revenue $11,941,912
TOTAL REVENUE $909,270,282

Expense Breakdown

Grants Paid $0
Salaries & Benefits $431,512,779
Fundraising Expenses $0
Program Expenses $702,572,497
Other Expenses $422,828,304
TOTAL EXPENSES $854,341,083

Year-over-Year Comparison

2023 2022 Change
Revenue $909,270,282 $873,044,518 +0.0%
Expenses $854,341,083 $798,693,063 +0.1%
Net Income $54,929,199 $74,351,455 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
31
Independent Members
30
Employees
6568
Volunteers
698

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$2,390,883
Total Directors
31
$0
Key Employees
5
$3,123,613
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Vice Chairman of the Board 1.0
Officer Director
$0 $0 $0
N/A Treasurer of the Board 1.0
Officer Director
$0 $0 $0
N/A Secretary of the Board 1.0
Officer Director
$0 $0 $0
N/A Chairman of the Board 1.0
Officer Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Chief Financial Officer 40.0
Officer
$808,063 $26,329 $834,392
N/A President & CEO 40.0
Officer
$1,529,137 $27,354 $1,556,491
N/A Senior VP & Chief Operating Officer 40.0
Key Emp
$619,933 $33,843 $653,776
N/A Medical Director & VP Clinical Affairs 40.0
Key Emp
$786,192 $13,013 $799,205
N/A VP of Nursing Operations 40.0
Key Emp
$343,377 $33,843 $377,220
N/A VP of Human Resources 40.0
Key Emp
$585,087 $27,423 $612,510
N/A Chief Information Officer 40.0
Key Emp
$654,390 $26,512 $680,902
N/A Pediatrician 40.0
Highest
$1,128,225 $33,823 $1,162,048
N/A Pediatrician 40.0
Highest
$1,135,156 $33,823 $1,168,979
N/A Pediatrician 40.0
Highest
$983,838 $33,823 $1,017,661
N/A Pediatrician 40.0
Highest
$1,132,738 $33,843 $1,166,581
N/A Pediatrician 40.0
Highest
$987,265 $34,556 $1,021,821
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $909,270,282 $854,341,083 $1,018,277,827 $54,929,199
2022 $873,044,518 $798,693,063 $958,457,357 $74,351,455
2021 $804,255,338 $748,464,111 $847,897,331 $55,791,227
2020 $783,127,896 $701,509,691 $830,300,382 $81,618,205
2019 $760,597,547 $717,786,435 $786,269,809 $42,811,112
2018 $738,581,278 $697,453,662 $700,291,488 $41,127,616
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