Cincinnati Children's

Legal name: The Childrens Hospital

Nonprofit profile at a glance

EIN
310537130
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Cincinnati, OH, USA
Phone
5138031106
Rating
95
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$411,378,205
Expenses
$193,283,503
Assets
$5,811,369,367
Liabilities
$485,845

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • DAVID OSBORN (CHAIRMAN / PRESIDENT)
  • LIZA SMITHERMAN (Vice President / SECRETARY)

People named in this filing

  • DAVID CASSADY (TREASURER)
  • DAVID OSBORN (CHAIRMAN / PRESIDENT)
  • LIZA SMITHERMAN (Vice President / SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Cincinnati Children’s will improve child health and transform delivery of care through fully integrated, globally recognized research, education and innovation. For patients from our community, the nation and the world, the care we provide will achieve the best:. Our education and training programs help the next generation of providers learn how to change the outcome together. We offer a variety of high-quality experiences and opportunities for growth. Clinical Training Programs Research Education and Training Programs Living in Cincinnati Continuing Professional Education Fall Employee Audience photos About We Are One at Cincinnati Children's We are committed to fostering a culture where everyone feels welcome, safe, valued and respected.

What it reported doing in 2024

The children's hospital, cincinnati, Ohio ("tch") is an irc sec. 501(c)(3) tax exempt organization whose sole purpose is to provide charitable financial support to cincinnati children's hospital medical center. Such charitable financial support is provided primarily through expendable income generated by investments of endowment and other funds by tch. During the tax year july 1, 2024 to june 30, 2025, in fulfillment of this charitable mission, tch provided financial support amounting to $186,571,039 to cincinnati children's to support its charitable efforts in pediatric patient care and related research.

Operating model

Revenue model
Investment-supported. 99% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • 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. No material rating questions were generated from the available inputs.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 100
  • Accountability: 100
  • Sustainability: 98
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 96.5%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • 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; 77th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 53%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 30.07; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 98; 98th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 98; 98th percentile among comparable filings

Growth

  • Program expense growth: 11.6% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 6.7% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: 10.2% per year; rating input score 100; 71st percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site
  • Where the money goes: 100% of revenue deployed · 96.5% of spending went to programs
  • Governance: 15 of 15 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $186.6M in reported program spending
  • Leadership: top reported pay $0 · 16 people listed
  • Highest-paid contractors: 5 contractors listed · $6.3M reported
  • Consistency: 46 of 46 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 3 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.