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 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $6,079,981 | 1% |
| Program service revenue | $780,615,821 | 99% |
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 99% 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 higher than 100% of 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.
- Donations are generally tax-deductible (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 | Donations are generally tax-deductible (public charity). |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.