Financial Summaries & Impact Reporting

Financial Summary

We believe that nonprofit organizations like Fred Hutch should be both transparent and accountable to the public and our supporters. We therefore provide key financial information below and invite you to contact us if you need more information. All figures in thousands.

Operating Revenues

Fiscal Year 2025

Total: $2,511,452
Graph of operating revenues for fiscal year 2025
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Patient Services
$1,583,727 (63.0%)

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Contracts and Government Grants
$472,078 (18.8%)

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Gifts and Philanthropic Grants*
$222,559 (8.9%)

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Investment Income
$138,019 (5.5%)

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Other Income
$95,069 (3.8%)

Sources of
Philanthropic
Contributions

Sources of philanthropic contributions for fiscal year 2025
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Gifts from Individuals/Family Foundations
65.5%

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Philanthropic Grants
14.4%

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Corporate Gifts
8.5%

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Planned Gifts
7.6%

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Fundraising and Community Events
4%

Operating Expenses

Fiscal Year 2025

Total: $2,428,690
Graph of operating expenses for fiscal year 2025
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Program Services, Clinical
$1,427,008 (58.8%)

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Program Services and Research
$723,916 (29.8%)

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Management and General
$246,115 (10.1%)

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Fundraising
$31,651 (1.3%)

*Reflects funds expended, per GAAP standards.


Fiscal Year 2025 Financial Statement

We also provide copies of key financial documents.

Annual Overview and Report

We regularly share organizational highlights and news on our website. Information about current Fred Hutch leadership is also available.

View annual reports on Fred Hutchinson Cancer Center’s work and operations.

Sharing What We Learn

The News section of our website provides the latest highlights of our research and care and its impact, as well as stories about members of the Fred Hutch community.

Through events and outreach activities, we also help our experts engage directly with the public.

Every dollar makes a difference

Fred Hutch's annual IRS Form 990 forms are prepared by Clark Nuber, PS. Fred Hutch's annual consolidated financial statements are audited by KPMG. Please contact us to request copies, or to answer any questions you may have:

Philanthropy Office

Kelly O'Brien

Vice President and Chief Philanthropy Officer