Rady Children's Health
Legal name: Rady Children's Hospital San Diego
Overview
Mission
To restore, sustain and enhance the health and developmental potential of children through excellence in care, education, research and advocacy. National Suicide Prevention Lifeline** at **988** or **1-800-273-TALK**. Spanish line: **888-628-9454**; TTY: **800-799-4TTY (4889)**. You’ll be connected to a skilled, trained counselor at a crisis center in your area, anytime 24/7. The 988 Lifeline provides free and confidential support for people in distress, prevention, and crisis resources for you or your loved ones. At Rady Children’s, We Believe There is No Health Without Mental Health. These health professionals work closely with each patient’s primary physician and other health care and community professionals who may be important to each child’s well-being, including physician specialists, teachers, wraparound teams and other behavioral support specialists. Support Our Program One...
What it reported doing in 2024
See schedule o
Operating model
- Revenue model
- Other-operating. 95% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
Nonprofit profile at a glance
- EIN
- 951691313
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Headquarters
- San Diego, CA, USA
- Phone
- 8585761700
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Hospital, Specialty
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 77
- Accountability: 100
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.3%; rating input score 78
- Program expense ratio: 80.3%; rating input score 80
- Fundraising efficiency: $649.45 raised per $1 spent on fundraising; rating input score 95; 95th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Fail
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 76th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.6%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 0.91; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.68; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 0.7%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 7% per year; rating input score 100; 57th percentile among comparable filings
- Revenue growth: 6.8% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 7.7% per year; rating input score 100; 57th percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site
- Where the money goes: 78.3% of revenue deployed · 80.3% of spending went to programs
- Governance: 22 of 22 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.4B in reported program spending
- Leadership: top reported pay $2.6M · 40 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $500.2M reported
- Consistency: 40 of 40 current checks pass
- Schedules: 13 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
- Filing history: 16 annual filings from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 17 filed money-flow records
- Related organizations: 16 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Leadership & pay
40 people listed
Highest reported compensation
- PATRICK FRIAS MD (PRESIDENT & CEO): $2,563,540 total reported compensation
- KIMBERLY CRIPE (CO-PRESIDENT & CEO (BEGIN 1/2025)): $2,444,654 total reported compensation
- JAMES ULI JR (SVP, CFO, TREASURER): $1,153,655 total reported compensation
Source: IRS Form 990. Selected filing: FY2024.