Childrens Hospital Inc is a 501(c)(3) organization based in New Orleans, Louisiana, registered in 1956, with $737,323,254 in FY2024 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
Revenue (FY2024)
$737.3M
▲ 7.0% vs prior year
Health median: $840K
Expenses (FY2024)
$521.9M
Net assets
$2.3B
Employees
2,813
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Childrens Hospital Inc: 80% to programs · $36 to raise $100 earns a B on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Childrens Hospital Inc: 53 mo reserves · +29% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Childrens Hospital Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Childrens Hospital Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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To provide comprehensive pediatric healthcare, that recognizes the (continued on schedule o) special needs of children, through excellence and the continuous improvement of patient care, education, research, child advocacy, and management.
Patient care, general/other: in 2024 children's hospital provided care to children from all 64 parishes in louisiana , from 44 other states, the district of columbia and 6 foreign countries. patient visits totaled 223,637. included in these visits were 144,805 physician clinic visits, 64,305 emergency room visits, 7,026 outpatient surgical visits, and 7,501 inpatient admissions or 57,141 patient care days.
Professional education:resident teaching & graduate medical education programschildren's hospital has become an increasingly important teaching center for both undergraduate and graduate medical education. during 2024, there was a total of 620 residents who received their training at children's hospital in general pediatrics, pediatric/emergency medicine and internal medicine/pediatric programs obtain most of their training at the hospital. in addition, residents in anesthesiology, emergency medicine, general surgery, neurology, neurosurgery, orthopedics, ophthalmology, otolaryngology, pathology, physical medicine and rehabilitation, plastic surgery, psychiatry, radiology, dermatology, family medicine, and urology also receive (continued on schedule o) training at children's hospital. in addition, fellows in allergy/immunology, pediatric cardiology, child and adolescent psychiatry, pediatric emergency medicine, pediatric endocrinology, pediatric gastroenterology, pediatric hematology/oncology, pediatric hospital medicine, pediatric infectious disease, pediatric physical medicine and rehabilitation, neonatal-perinatal medicine, and pediatric nephrology, and pediatric orthopedic surgery also receive advanced subspecialty training at children's hospital. most medical students, residents and fellows rotating through children's hospital are from the lsu health sciences center new orleans (lsuhsc-no) and tulane university (tu).the pediatric residents participate in a variety of educational activities. the chief residents conduct morning report, held four times a week where an interesting or unique case is presented and discussed, allowing residents and students to observe the thought processes that go into problem solving and clinical reasoning. conferences are held on weekdays with specialists from ambulatory, adolescent medicine, allergy/immunology, emergency medicine, forensic medicine, hospitalist medicine, nephrology, psychiatry, psychology, infectious disease, radiology, cardiology, rheumatology, neonatology, hematology/oncology, critical care, pulmonology, endocrine, neonatology, gastroenterology and several surgical specialties rotating presentations. pediatric board review is held once a month and covers all aspects of pediatrics for preparation of the american board of pediatrics certifying examination. in addition, all divisions conduct specialty conferences for students and residents rotating on those services.the "resident as teachers" series is held quarterly facilitated by the director of the clinical sciences curriculum who instructs the residents on various teaching tools and methods to improve their supervision of junior residents and students. the evidenced-based medicine journal club is conducted monthly by the upper-level residents under the direction of a faculty member. the presentations are case based and involve a clinical question. the resident outlines their search method, the articles that were relevant and then critically review one article that answers the clinical question.clinical case conferences are held once a week and attended by faculty, residents, and students. residents present interesting cases followed by a thorough review of the literature on this topic. faculty members present grand rounds at children's hospital every wednesday at noon to formally present a topic related to their specialty.the accreditation council for graduate medical education (acgme) is responsible for the accreditation of post-md medical training programs within the united states. children's hospital is the primary t
Revenue grew from $439.8M (FY2013) to $737.3M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
29.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.5B
Total liabilities
$157.1M
Net assets
$2.3B
Salaries & benefits
$185.8M
36% of expenses
Board members
18
17 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $737,323,254▲7.0% | $521,872,985▲4.0% | $2,326,349,739▲9.8% | $2,483,459,927▲11.0% | 990 |
| 2023 | $688,851,823▲7.9% | $501,695,512▼2.4% | $2,119,271,606▲14.9% | $2,237,285,818▲2.3% | 990 |
| 2022 | $638,581,721▲26.0% | $513,818,563▲24.5% | $1,843,756,662▼7.2% | $2,186,952,240▼5.9% | 990 |
| 2021 | $506,708,702▲10.1% | $412,804,385▲17.1% | $1,987,211,032▲6.4% | $2,324,907,208▲9.0% | 990 |
| 2020 | $460,040,711▲14.5% | $352,461,628▲8.4% | $1,868,039,157▲10.6% | $2,132,885,161▲13.3% | 990 |
| 2019 | $401,685,069▲1.3% | $325,218,396▲2.6% | $1,689,502,518▲13.4% | $1,883,156,358▲12.3% | 990 |
| 2018 | $396,500,486▲16.7% | $316,875,702▲28.0% | $1,489,449,520▲5.7% | $1,676,867,440▲16.2% | 990 |
| 2016 | $339,780,300▼4.1% | $247,611,567▲4.0% | $1,409,430,037▲10.1% | $1,442,763,572▲9.6% | 990 |
| 2015 | $354,301,570▲3.7% | $238,002,462▲2.3% | $1,279,987,434▲7.2% | $1,316,110,175▲6.3% | 990 |
| 2014 | $341,817,002▼22.3% | $232,677,778▼0.3% | $1,193,493,934▲5.7% | $1,237,915,301▲4.4% | 990 |
| 2013 | $439,781,022 | $233,396,104▼7.4% | $1,129,125,892▲27.1% | $1,185,400,579▲30.5% | 990 |
| 2012 | — | $252,113,897▲11.3% | $888,574,207▲9.4% | $908,150,231▲6.7% | 990 |
| 2011 | — | $226,476,837▼1.1% | $812,334,869▼0.1% | $851,427,209▲1.5% | 990 |
| 2010 | — | $228,960,117 | $813,551,700 | $839,003,473 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Andrea Chen | At-large Trustee | 1 | — |
| Betty Lauricella | At-large Trustee | 1 | — |
| Brett King | Physician | 55 | — |
| Deanna Rodriguez | At-large Trustee | 1 | — |
| Deuce Mcallister | At-large Trustee | 1 | — |
| Gregory St Etienne | At-large Trustee | 1 | — |
| Henry Peltier Md | At-large Trustee | 1 | — |
| Jacqueline Urbine | Physician | 55 | — |
| James Mcmurray | Chief of Otolaryngology | 55 | — |
| Jessica Brandt | At-large Trustee | 1 | — |
| Jessica Cahill | Chief Financial Officer | 54 | — |
| Joseph Gonzales | Physician | 55 | — |
| Julie Livaudais George | At-large Trustee | 1 | — |
| Katherine Andry Crosby | Secretary/treasurer | 1 | — |
| Kaylea Hill | At-large Trustee | 1 | — |
| Kenneth Ward | Physician | 55 | — |
| Leron Finger | Chief Quality Officer | 55 | — |
| Louis V Lauricella | Vice Chair | 1 | — |
| Lucio A Fragoso | Executive Leader | 54.5 | — |
| Marilee K Hovet | At-large Trustee | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Trimedx | Healthcare Logistics | $5,259,049 |
| Aramark Services | Dietary & Housekeeping | $4,297,978 |
| Comphealth | Healthcare Staffing Provider | $3,863,410 |
| Morgan & Co | Media Advertising | $2,614,927 |
| Fidelis Builds LLC | Construction | $2,562,582 |
103 grants to Childrens Hospital Inc totaling $5.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Greater New Orleans Foundation | Health | 2024 | $324,764 |
| Louisiana Childrens Medical Center | Coke sales commissions go directly to the la rehab work(blind program). | 2024 | $87,500 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $75,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $11,453 |
| The Greater New Orleans Foundation | Health | 2023 | $542,435 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $349,514 |
| Louisiana Childrens Medical Center | Coke sales commissions go directly to the la rehab work(blind program). | 2023 | $87,500 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $40,000 |
| Donor Advised Charitable Giving | Health | 2023 | $26,100 |
| Our Lady of the Lake Hospital Inc | General support | 2023 | $25,000 |
| Washington University | Research | 2023 | $21,607 |
| American Academy of Pediatrics Inc | 2023 breastfeeding lectureship; gun safety; chronic condition mgmt | 2023 | $18,000 |
| Charities Aid Foundation America | Charitable donation | 2023 | $11,393 |
| Muscular Dystrophy Association | Medical diagnosis | 2023 | $10,000 |
| American Online Giving Foundation Inc | General support | 2023 | $8,924 |
25 grants totaling $2.8M in FY2024 — showing the 15 largest. All grants made by Childrens Hospital Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| New Orleans Clinical Services LLC | In 2024 children's hospital donated $1,287,677 to lcmc new orleans clinical services with the intention of providing working capital to allow for their healthcare activities. this donation supports touro's tax-exempt purpose and community benefits obligations and is presented as community support in the statement of operations. new orleans clinical services is a as community support in the statement of operations. new orleans clinical services is a smllc of louisiana children's medical center, a 501(c)(3) entity. | $1,287,677 |
| Lcmc Healthcare Services LLC DBA Nola Physician Group | In 2024 children's hospital donated $445,592 to lcmc health clinical services d/b/a nola physicians group (nola pg) with the intention of providing working capital to nola pg to allow for their healthcare activities, specifically to provide needed services to the underserved area of new orleans east. this donation supports hospital's tax-exempt purpose and community benefits obligations and is presented as community support in the statement of operations. | $445,592 |
| Audubon Nature Institute Inc | For program support | $230,000 |
| Fore Kids Foundation Inc | For program support | $218,000 |
| Hogs For the Cause | For program support | $154,500 |
| Louisiana Childrens Museum | For program support | $70,000 |
| Beignet Fest Foundation | For program support | $50,000 |
| Causeway LLC | Sponsor kids play | $36,561 |
| Miracle League Northshore | Miracle league northshore (h) purpose of grant or assistance: children's hospital has an agreement to fund 25 percent of the miracle league's payroll and non-payroll expenses as the hospital's annual contribution to the miracle league northshore. | $36,143 |
| Carrollton Booster Club | For program support | $35,000 |
| Wdsu | Sos display/wdsu weather camera on campus | $26,500 |
| Louisiana Families For Vaccines Action Fund | For program support | $25,000 |
| Center For Resilience Inc | For program support | $25,000 |
| Special Olympics Louisiana Inc | For program support | $25,000 |
| Ronald Mcdonald House Charities of South Louisiana Inc | For program support | $15,000 |
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Data for Childrens Hospital Inc (EIN 72-0467503) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.