THIBODAUX REGIONAL HEALTH SYSTEM INC
602 N ACADIA RD, THIBODAUX, LA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $382,055,537 | $334,407,756 | $264,570,283 |
| FY2024 | $348,210,088 | $309,673,769 | $215,728,450 |
| FY2023 | $323,092,717 | $288,687,724 | $172,584,489 |
| FY2022 | $328,865,265 | $278,013,422 | $140,805,871 |
| FY2021 | $298,145,137 | $252,004,207 | $98,659,741 |
| FY2020 | $272,489,003 | $221,663,336 | $52,937,714 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $48,286,794 | 13% |
| Program service revenue | $318,130,917 | 87% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $262,394,491 | 78% |
| Management & general | $72,013,265 | 22% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 87% of total revenue in FY2025.
- Program services accounted for 78% of functional expenses, management & general 22%, and fundraising 0%.
- 78% of functional expenses went to program services in FY2025. That is higher than 25.5% of 55 Health Care organizations in LA.
- Net assets covered about 9.5 months of expenses at the end of the reporting year. That puts it in the 38th percentile among 215 Health Care organizations in LA.
- Total revenue was higher than 95.2% of 227 Health Care organizations in LA.
- Total revenue rose from $272,489,003 in FY2020 to $382,055,537 in FY2025, Revenue increased in 4 and decreased in 1 of 5 year-over-year comparisons.
- Revenue covered expenses in each of the 6 reported years, FY2020 to FY2025.
- Net assets grew from $52,937,714 to $264,570,283 between FY2020 and FY2025.
- Contributions and grants made up 21% of revenue in FY2020 and 13% in FY2025.
- 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
OPERATION OF THIBODAUX REGIONAL MEDICAL CENTER (THE HOSPITAL). THE MISSION OF THE HOSPITAL IS TO PROVIDE THE HIGHEST QUALITY, MOST COST-EFFECTIVE HEALTHCARE SERVICES POSSIBLE TO THE PEOPLE OF THIBODAUX AND SURROUNDING AREAS.
IRS status
| Ruling year | 2019 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E20 — Health Care (in LA) |
| Donations | Donations are generally tax-deductible (public charity). |
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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.
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