University Medical Center Management Corporaton
2000 Canal St, New Orleans, LA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $792,867,500 | $864,472,758 | -$377,449,658 |
| FY2023 | $759,967,746 | $851,513,146 | -$305,844,400 |
| FY2022 | $811,129,070 | $811,799,769 | -$214,299,000 |
| FY2021 | $795,421,027 | $798,584,647 | -$213,628,301 |
| FY2020 | $783,320,235 | $764,912,575 | -$210,464,681 |
| FY2019 | $731,135,041 | $725,719,259 | -$228,872,341 |
| FY2018 | $675,903,051 | $675,912,701 | -$237,088,123 |
| FY2017 | $598,670,497 | $606,886,760 | -$238,445,673 |
| FY2016 | $482,519,752 | $547,917,015 | -$231,611,886 |
| FY2015 | $421,218,879 | $524,414,252 | -$166,214,623 |
| FY2014 | $354,876,268 | $391,358,056 | -$67,190,999 |
| FY2013 | $176,551,485 | $207,261,216 | -$30,709,209 |
| FY2012 | $478,495 | $478,338 | $522 |
| FY2011 | $1,109,066 | $1,004,017 | $365 |
Form 990 filings
The returns filed by University Medical Center Management Corporaton (EIN 25-1925187), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $6,079,981 | 1% |
| Program service revenue | $780,615,821 | 98% |
| Other revenue | $6,171,698 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $727,413,561 | 84% |
| Management & general | $137,059,197 | 16% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 98% of total revenue in FY2024.
- Program services accounted for 84% of functional expenses, management & general 16%, and fundraising 0%.
- 84% of functional expenses went to program services in FY2024. That is higher than 47.5% of 257 Voluntary Health Associations & Medical Disciplines organizations nationwide (too few in LA for a state comparison).
- Net assets covered about -5.2 months of expenses at the end of the reporting year. That puts it in the 1st percentile among 72 Voluntary Health Associations & Medical Disciplines organizations in LA.
- Total revenue was the highest among 73 Voluntary Health Associations & Medical Disciplines organizations in LA.
- Total revenue rose from $1,109,066 in FY2011 to $792,867,500 in FY2024. Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 10 of 14 reported years (FY2013, FY2014, FY2015, FY2016, FY2017, FY2018, FY2021, FY2022, FY2023, FY2024).
- The highest revenue on record here is $811,129,070 in FY2022.
- Net assets declined from $365 to -$377,449,658 between FY2011 and FY2024.
- Contributions and grants made up 100% of revenue in FY2011 and 1% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
IRS status
| Ruling year | 2006 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | G12 — Voluntary Health Associations & Medical Disciplines |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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