LOUISIANA CHILDRENS MEDICAL CENTER
1100 POYDRAS ST, NEW ORLEANS, LA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $1,635,655,698 | $1,706,822,808 | $1,766,144,392 |
| FY2023 | $1,626,044,230 | $1,689,417,616 | $1,747,920,523 |
| FY2022 | $505,398,925 | $530,281,678 | $1,689,113,000 |
| FY2021 | $460,794,221 | $450,699,908 | $1,973,488,000 |
| FY2020 | $456,128,350 | $428,710,354 | $1,930,597,504 |
| FY2019 | $382,718,243 | $387,072,961 | $1,642,532,000 |
| FY2018 | $379,885,520 | $377,891,373 | $1,444,331,000 |
| FY2017 | $334,485,865 | $324,980,866 | $1,474,500,281 |
| FY2016 | $294,875,351 | $297,716,688 | $1,337,065,541 |
| FY2015 | $94,142,327 | $98,461,909 | $1,262,097,413 |
| FY2014 | $21,352,685 | $21,352,685 | $0 |
| FY2013 | $13,736,972 | $13,736,972 | $0 |
| FY2012 | $18,303,932 | $18,303,932 | $0 |
| FY2011 | $1,360,309 | $1,360,309 | $0 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $19,255,115 | 1% |
| Program service revenue | $1,575,511,489 | 99% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $1,203,246,423 | 70% |
| Management & general | $503,107,593 | 29% |
| Fundraising | $468,792 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2024.
- Program services accounted for 70% of functional expenses, management & general 29%, and fundraising 0%.
- 71% of functional expenses went to program services in FY2024. That is higher than 14.5% of 55 Health Care organizations in LA.
- Net assets covered about 12.4 months of expenses at the end of the reporting year. That puts it in the 50th percentile among 215 Health Care organizations in LA.
- Total revenue was higher than 99.6% of 227 Health Care organizations in LA.
- Total revenue rose from $1,360,309 in FY2011 to $1,635,655,698 in FY2024, Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 6 of 14 reported years (FY2015, FY2016, FY2019, FY2022, FY2023, FY2024).
- Net assets grew from $0 to $1,766,144,392 between FY2011 and 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 | 2009 |
| 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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