Seattle Children's
Legal name: Seattle Children's Hospital
Nonprofit profile at a glance
- EIN
- 910564748
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Seattle, WA, United States
- Phone
- 206-987-2000
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Hospital, Specialty
Reported finances
- Revenue
- $3,072,099,534
- Expenses
- $2,598,347,643
- Assets
- $5,983,737,919
- Liabilities
- $1,853,315,137
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
52 people listed
Executive titles in this filing
- JAMIE PHILLIPS (PRESIDENT, SCH & CHIEF OPERATING OFFICER)
- ANDRE DICK MD (SR. VICE PRESIDENT & SURGEON IN CHIEF)
Highest reported compensation
- JEFF SPERRING MD (FORMER OFFICER): $2,856,316 total reported compensation
- MYRA GREGORIAN (FORMER KEY EMPLOYEE): $1,429,915 total reported compensation
- JAMIE PHILLIPS (PRESIDENT, SCH & CHIEF OPERATING OFFICER): $1,216,857 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
When you bring your purpose to Seattle Children’s, you’ll join thousands of healthcare professionals who deliver hope, care and cures to help every child live the healthiest and most fulfilling life possible.
What it reported doing in 2024
Patient care: seattle children's provides superior medical care to children from Washington, Alaska, Montana and Idaho, serving the largest geographical area of any children's hospital in the united states. In addition, families living beyond our primary service region increasingly seek care from our world-renowned specialists in programs such as cancer, organ transplants and craniofacial specialties. In fiscal year 2025, seattle children's medical team treated kids of all ages during 584,308 patient visits, including 438,630 other ambulatory clinic appointments, 60,564 visits to our emergency department, 64,866 visits to urgent care, 18,989 admissions to the hospital and 1,259 day surgeries.
Operating model
- Revenue model
- Other-operating. 86% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 98% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 83
- Accountability: 100
- Sustainability: 75
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.2%; rating input score 85
- Program expense ratio: 98.6%; rating input score 99
- Fundraising efficiency: Limited
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: 3 of 8 controls in place; rating input score 38
- Claims monitoring procedures: Pass
- Requires narrative reports: Limited
- Conducts field audits: Limited
- May suspend future funding: Limited
- Requires financial reports: Pass
- Conducts site visits: Limited
- Requires grant agreements: Pass
- May require repayment: Limited
- Grant itemization coverage: 99.8%; rating input score 100; 44th 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; 77th 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: 15.4%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 2.3; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.31; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 0.6%; rating input score 82; 82nd percentile among comparable filings
Growth
- Program expense growth: 9.2% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 8.2% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 8.7% per year; rating input score 100; 63rd percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 85.2% of revenue deployed · 98.6% of spending went to programs
- Governance: 19 of 19 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $2.6B in reported program spending
- Leadership: top reported pay $2.9M · 52 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $336.6M reported
- Consistency: 49 of 49 current checks pass
- Schedules: 13 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 214 filed money-flow records
- Related organizations: 189 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Liabilities to assets ratio scored 55/100.