CHILDRENS HOSPITAL MEDICAL CENTER OF AKRON

AKRON, OH, 44308-1063 (330) 543-8171 Est. 1897 EIN 34-0714357
E240— Health Care Form 990 501(c)(3)
AKRONCHILDRENS.ORG

Mission

TO IMPROVE THE HEALTH OF CHILDREN, TEENAGERS AND YOUNG ADULTS THROUGH EXCELLENCE IN PATIENT CARE, EDUCATION, RESEARCH, ADVOCACY AND COMMUNITY PARTNERSHIPS.

Giving Portfolio

Total Grants
102
Total Giving
$4.1M
Recipients
102
Years Active
2018 - 2024
Avg grant: $101,454 Median: $11,875

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202427$652K $24K1017
202331$508K $16K1615
202230$481K $16K273
20203$579K $193K12
20194$848K $212K22
20187$1.0M $147K70

Sectors Funded

Philanthropy & Grantmaking
13
Diseases & Disorders
8
Human Services
8
Health Care
8
Education
4
Community Improvement
4
Animal-Related
3
Environment
3
and 6 more sectors

Top States

Ohio
90
Illinois
6
Minnesota
1
South Carolina
1
Florida
1
Texas
1
Virginia
1
Alaska
1

Grantee Size Profile

$1M - $5M
19
$10M - $50M
17
$5M - $10M
15
Over $50M
7
$500K - $1M
5
$100K - $500K
5
Under $100K
1

Top Grantees

AKRON BASEBALL LLC
OH - 3 grants
$452K
CITY OF NORTH CANTON
OH - 2 grants
$72K
HWS BASEBALL VI LLC
OH - 2 grants
$57K
and 15 more grantees

Grants Awarded · 76 grants

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Financials

Total Revenue
$1,540,288,244
Total Expenses
$1,353,888,762
Net Assets
$1,840,379,977
8,707 employees 1,069 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
16.3 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 11.4%
Expenses ↑ 8.2%
Revenue Sources
Contributions 1.9% Earned revenue 94.4% Investment 3.4%
Expense Breakdown
Program 78.4% Management 21.2% Fundraising 0.5%

Officers & Trustees (44)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$1,540,288,244 $1,353,888,762$1,840,379,977
2023 Form 990$1,383,190,674 $1,251,288,721$1,619,288,262
2022 Form 990$1,208,071,774 $1,125,930,862$1,416,463,697
2020 Form 990$994,852,188 $925,616,553$1,245,161,086
2019 Form 990$1,014,517,498 $907,476,554$1,063,747,509
2018 Form 990$909,275,642 $841,219,240$922,725,364

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EIN: 34-0714357 · Source: IRS Form 990 e-file data