Financial Summaries & Impact Reporting
Financial Summary
We believe that nonprofit organizations like Fred Hutch should be both transparent and accountable to the public. We therefore provide key financial information below and invite you to contact us if you need more information. All figures in thousands. Percentages may not total 100% due to rounding.
Operating Revenues
Fiscal Year 2021
Total: $984,018
Contracts and Government Grants
$705,389 (71.7%)
Gifts and Philanthropic Grants
$86,395 (8.8%)
Investment Income
$105,910 (10.8%)
Other Income
$86,324 (8.8%)
Sources of Philanthropic Contributions
Gifts from Individuals
44%
Philanthropic Grants
41%
Planned Gifts
8%
Corporate Gifts
4%
Fundraising and Community Events
3%
Operating Expenses
Fiscal Year 2021
Total: $844,266
Program Services and Research
$755,404 (89.5%)
Management and General
$75,757 (9%)
Fundraising
$13,105 (1.6%)
Financial Statements
We also provide copies of key financial documents:
Fiscal year 2021 consolidated financial statement, audited (PDF)
Fiscal year 2020 consolidated financial statement, audited (PDF)
Fiscal year 2019 consolidated financial statement, audited (PDF)
Fiscal year 2018 consolidated financial statement, audited (PDF)
Fiscal year 2017 consolidated financial statement, audited (PDF)
Fiscal year 2016 consolidated financial statement, audited (PDF)
Letter of 501(c)3 tax-exempt status (PDF)
Annual Overviews and Reports
We regularly share research and organizational highlights on our website. We also provide annual overviews of our work and organizational operations:
Fiscal Year 2020 Finances & Leadership (PDF)
Fiscal Year 2019 Finances & Leadership (PDF)
Fiscal Year 2018 Finances & Leadership (PDF)
Fiscal Year 2017 Finances & Leadership (PDF)
Fiscal Year 2016 Finances & Leadership (PDF)
2015 Annual Report: Year in Review (PDF)
2014 Annual Report: Cures Start Here (PDF)
2013 Annual Report: Ending Cancer Together (PDF)
2012 Annual Report: Breakthroughs for Life (PDF)
2011 Annual Report (PDF)
Sharing What We Learn
We share what we learn to inform all who are working toward cures. Recent publications from our Basic Sciences Division, Clinical Research Division, Vaccine and Infectious Disease Division and related programs share our latest research findings with the global scientific community.
The News section of our website provides the latest highlights of our research and its impact as well as stories about members of the Fred Hutch community. Through events and outreach activities, we also help our researchers engage directly with the public.
Fred Hutch's annual IRS Form 990 forms are prepared by Clark Nuber, PS. Fred Hutch's annual consolidated financial statements are prepared by KPMG. Please contact us to request copies, or to answer any questions you may have:
We believe that nonprofit organizations like Fred Hutch should be both transparent and accountable to the public. We therefore provide key financial information below and invite you to contact us if you need more information.