Childrens Hospital Los Angeles

Organization Overview

Childrens Hospital Los Angeles is located in Los Angeles, CA. The organization was established in 1967. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, Childrens Hospital Los Angeles employed 7,191 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Hospital Los Angeles is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Childrens Hospital Los Angeles generated $1.4b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $1.3b during the year ending 06/2020. While expenses have increased by 4.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Childrens Hospital Los Angeles has awarded 117 individual grants totaling $26,958,288. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTION AND ADVANCEMENT OF CHILDREN'S HEALTH THROUGH PATIENT CARE, RESEARCH, AND EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEDICAL CARE PROVIDED TO CHILDREN:IT IS THE POLICY OF THE HOSPITAL TO STRIVE TO MAINTAIN QUALITY HEALTH CARE DELIVERY IN A MANNER THAT RESPECTS THE DIGNITY OF THE INDIVIDUAL AND FAMILY, REGARDLESS OF THE ABILITY TO PAY. UNDER THE HOSPITAL'S POLICY, MEDICAL CARE MAY BE PROVIDED WITHOUT CHARGE OR AT AMOUNTS LESS THAN ITS ESTABLISHED RATES TO PEOPLE WHO ARE UNINSURED OR UNDERINSURED AND CANNOT AFFORD TO PAY FOR THEIR OWN MEDICAL CARE. THE HOSPITAL PROVIDES ADDITIONAL COMMUNITY SUPPORT BY PROVIDING CARE TO PATIENTS WHO PARTICIPATE IN PROGRAMS, LIKE MEDI-CAL, THAT DO NOT PAY FULL CHARGES. APPROXIMATELY THREE-FOURTHS OF THE HOSPITAL'S PATIENTS ARE COVERED BY MEDI-CAL PROGRAMS.


GRADUATE MEDICAL EDUCATION PROVIDES TRAINING AND EDUCATION TO MEDICAL STUDENTS IN LOS ANGELES COUNTY WHO, IN TURN, PROVIDE SERVICES TO PATIENTS AT THE HOSPITAL. ALSO, INCLUDES EDUCATION REVENUE FROM THE RESIDENCY AND FELLOWSHIP PROGRAMS AT CHLA. THE HOSPITAL SUBSIDIZES A LARGE PART OF THE COST OF TRAINING PHYSICIANS, ALLIED HEALTH PROFESSIONALS, AND OTHER HEALTH CARE WORKERS IN ITS EMERGENCY ROOM, CLINICS, INPATIENT AREAS, AND OTHER PARTS OF ITS FACILITIES.


RESEARCH REVENUES FURTHER THE EXEMPT PURPOSE OF CHLA BY PROVIDING THE PATIENTS OF CHLA ACCESS TO NEW TECHNOLOGIES, DISCOVERIES AND MEDICATIONS FOR TREATMENT. RESULTS OF THIS RESEARCH IS DISSEMINATED THROUGH PUBLICATIONS IN SCIENTIFIC JOURNALS AND PRESENTATIONS BY THE PRINCIPAL INVESTIGATORS. THE HOSPITAL SUBSIDIZES A LARGE PART OF THE COST OF MEDICAL RESEARCH TAKING PLACE IN ITS FACILITIES.


OTHER PROGRAM SERVICE REVENUES ALSO INCLUDE RESIDENTS HOUSING AND MISCELLANEOUS TUITION AND EDUCATION INCOME.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sodexo Inc & Affiliates
Food And Housekeeping Services
$19,336,645
Amn Healthcare Inc
Healthcare Workforce Management
$19,509,644
Pacific National Group Inc
Construction Management
$12,393,115
Pcam Llc
Parking Services
$4,899,881
Healthcare Design & Construction Llc
Construction Management
$4,644,315
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$175,227,569
Investment income $19,402,692
Tax Exempt Bond Proceeds $0
Royalties $205,639
Net Rental Income $0
Net Gain/Loss on Asset Sales $57,843,656
Net Income from Fundraising Events -$48,187
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,425,966,307

Grants Awarded

Over the last fiscal year, Childrens Hospital Los Angeles has awarded $1,798,683 in support to 8 organizations.

Grant RecipientAmount

CALIFORNIA HEALTH FOUNDATION AND TRUST

PURPOSE: SUPPORT CHARITABLE ACTIVITIES AT HOSPITALS AND HEALTH SYSTEMS IN CALIFORNIA

$1,031,183

RONALD MCDONALD HOUSE CHARITIES OF SOUTHERN CALIFORNIA

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: DONATION

$500,000

NATIONAL MEDICAL FELLOWSHIPS INC

Org PageRecipient Profile

alexandria, VA

PURPOSE: PRIMARY CARE LEADERSHIP PROGRAM SUPPORT

$175,000

LOS ANGELES CITY COLLEGE FOUNDATION

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: LACC COMMUNITY GARDEN CONTRIBUTION/SPONSORSHIP AND VIRTUAL GALA

$30,000

RICK'S PRODUCE MARKET

PURPOSE: EAST HOLLYWOOD COMMUNITY PRODUCE BOXES

$25,000

UC SANTA BARBARA FOUNDATION

Org PageRecipient Profile

Santa Barbara, CA

PURPOSE: DONATION TO SUPPORT THE ISMAEL "MAYO" DE LA ROCHA ENDOWED SCHOLARSHIP FUND

$15,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 17 grants that Childrens Hospital Los Angeles has recieved totaling $313,130.

Awarding OrganizationAmount
Gn Spencer Foundation

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$59,683
Mashhoon Family Foundation

Vernon, CA

PURPOSE: MEDICAL CARE TO CHILDREN

$50,000
Collingwood Foundation

Los Angeles, CA

PURPOSE: UNRESTRICTED OPERATIONAL SUPPORT

$50,000
William H Tilley Family Foundation

Alhambra, CA

PURPOSE: CHARITY

$35,000
Wynn Foundation

Los Angeles, CA

PURPOSE: PEDIATRIC MEDICAL PROGRAMS - FOR RESEARCH GENETICS STUDIES.

$30,000
Susan F Laffer Tr 01-5-06313-0 Nect

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$26,329
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$650,266,946
Earnings$114,386,968
Net Contributions$58,919,128
Other Expense$71,053,296
Ending Balance$752,519,746

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