Lurie Childrens Medical Group Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
LCMG values excellence and innovation in clinical and basic research, coordinated and comprehensive patient care, ongoing physician education, and evidence-based child advocacy. LCMG's mission is to provide leadership in endeavors that promote the health of children locally, nationally, and internationally.
- Income
- $434.0 million
- Spending
- $464.0 million
- Spent on programs
- 99%
- Reserves
- 0.2 months of spending
- Largest source of income
- fees for its services, 75%
- Employees
- 815
- Volunteers
- 5
- Highest pay
- $2.6 million, ex-officio director/president & ceo lch
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 40 out of 100. Higher than 15% of charities in its peer group (health care, over $100m).
Reserves
4 of 35Spendable reserves would cover 0.2 months of spending.
Debt
2 of 20It owes 86% of what it owns.
Living within its means
4 of 15Spending exceeded income by 7% of income.
Income trend
15 of 15Income rose 62% on the year before.
Spending floor
15 of 1599% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 80 out of 100. Higher than 14% of charities in its peer group (health care, over $100m).
Independent board
5 of 255 of 22 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $459.2 million spent. LCMG is an Illinois not-for-profit corporation described under Section 501(c)(3) of the Internal Revenue Code. Its sole corporate member is Children's Hospital of Chicago Medical Center (the "Medical Center"). LCMG employs pediatric medicine specialists, subspecialists, surgeons, and hospital-based physicians who are based at and practice at Ann & Robert H. Lurie Children's Hospital of Chicago ("Lurie Children's") and at affiliated outreach locations. Lurie Children's offers more than 70 pediatric subspecialty services, representing the broadest range of pediatric specialty care in Illinois. LCMG physicians provide comprehensive medical and surgical services across all pediatric subspecialties through coordinated, multidisciplinary care teams. LCMG employs physicians and surgeons across all pediatric medical and surgical subspecialties, substantially all of whom hold faculty appointments at Northwestern University Feinberg School of Medicine ("NUFSM"). In addition, LCMG employs full-time research faculty engaged in advancing clinical, translational, and basic science research. The President of LCMG also serves as Chair of the board of LCMG. LCMG physicians provide a substantial portion of specialty care to children enrolled in the State of Illinois' Medicaid program. Lurie Children's serves as a primary pediatric teaching hospital for NUFSM and McGaw Medical Center of Northwestern University. Through LCMG physicians, more than 200 physicians are trained annually, including pediatric residents and fellows in numerous pediatric subspecialties. LCMG provides services regardless of a patient's ability to pay. It accepts patients covered by Medicare and Medicaid and provides financial assistance in accordance with its established financial assistance policy.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending August 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1988.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.