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As of 2021, St. Jude Children's Research Hospital costs nearly $1.7 billion per year to run, and donations provide an estimated 87% of those funds. Only 6% of the money to operate the hospital comes from insurance recoveries and 5% comes from grants.
St. Jude Children's Research Hospital is a pediatric treatment and research hospital headquartered in Memphis, Tennessee.Founded by entertainer Danny Thomas in 1962, it is a 501(c)(3) designated nonprofit medical corporation which focuses on children's catastrophic diseases, particularly leukemia and other cancers. [1]
Unlike most hospitals, which fund their medical treatment with a mix of payments from patients and insurance, St. Jude funds about 80% of treatment costs with donations – about $2 billion each year.
St. Jude's has grown to include eight affiliate hospitals across the United States. It is a 501(c)(3) nonprofit organization with annual expenses, as of 2018, of over US$1.4 billion funded by nearly US$1.5 billion in donations. [ 27 ]
That's why St. Jude wants to help get cancer medications to more than 120,000 children in 50 countries in a five-year span as part of its mission. “It's fundraising events like this, awareness ...
Because of you, St. Jude Memphis Marathon Weekend helps fuel the historic $12.9 billion St. Jude strategic plan growing our campus by leaps and bounds as it expands our lifesaving mission globally ...
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