Children's Hospital
Also known as Manning Family Children's
Children's Hospital reported $737.3 million in revenue and $521.9 million in expenses for calendar year 2024. Of every $100 it spent, $79.78 went to program services, $18.69 to management and general costs and $1.53 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 86.3% of the total. The highest compensation it reported for one person was $1,393,997 (EXECUTIVE LEADER). 318 people received more than $100,000 in reportable compensation. Revenue rose 84% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $522MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $737MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 79.8% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 18.7% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.5% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.36 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 3.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.6% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 86.3% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,393,997 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.27% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 318 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 53.5 | 6.6 |
| Independent voting board members Part VI 1a–1b | 17 of 18 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseCommunity care and outreach programs: in march of 1998, the board of trustees recognized that children's hospital, with its richness of talent and programs and its financial resources, was well positioned to identify and address obstacles to the welfare of children in the community. Therefore, a standing committee of the board of trustees has been charged with developing and monitoring all services and benefits provided to the community.the hospital also provides a large array of community-education programs, wellness programs, research activities and special programs for the handicapped and…
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…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE LEADER Director/trustee, officer, 54.50 hrs/week | $0 | $1,231,231 | $162,766 | $1,393,997 |
| CHIEF MEDICAL OFFICER Officer, 54.00 hrs/week | $0 | $1,198,392 | $109,551 | $1,307,943 |
| PHYSICIAN Highest compensated employee, 55.00 hrs/week | $0 | $705,400 | $32,591 | $737,991 |
| PHYSICIAN Highest compensated employee, 55.00 hrs/week | $0 | $678,362 | $25,088 | $703,450 |
| PHYSICIAN Highest compensated employee, 55.00 hrs/week | $0 | $591,285 | $32,899 | $624,184 |
| CHIEF OF OTOLARYNGOLOGY Highest compensated employee, 55.00 hrs/week | $0 | $590,593 | $33,424 | $624,017 |
| CHIEF QUALITY OFFICER Officer, 55.00 hrs/week | $0 | $597,461 | $19,575 | $617,036 |
| PHYSICIAN Highest compensated employee, 55.00 hrs/week | $0 | $567,271 | $31,955 | $599,226 |
318 people received more than $100,000 in reportable compensation from Children's Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.6M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b18 · 17 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 52,813
- Volunteers Part I, line 61,482
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| 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 |
Individuals listed as contractors are left out. 100 contractors were paid more than $100,000 in all.
Private foundation grants it received
10 private foundations reported grants to Children's Hospital totaling $565K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Children's Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Children's Hospital, you can publish a response that is linked from this page.
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Of every $100 Children's Hospital spent in 2024, $79.78 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Genesis Health SystemDavenport, IA · revenue $736M · programs 83.7% · FY2025
- Kalispell Regional Medical CenterKalispell, MT · revenue $737M · programs 93.2% · 2024
- Lafayette General Medical CenterLafayette, LA · revenue $735M · programs 94.8% · 2024
- Union HospitalTerre Haute, IN · revenue $738M · programs 88.5% · 2024
- Saint Agnes Medical CenterFresno, CA · revenue $734M · programs 92.6% · FY2025
Questions people ask
How much of Children's Hospital's spending goes to programs?
In calendar year 2024, Children's Hospital reported that 79.8% of its $521.9 million in expenses went to program services, 18.7% to management and general and 1.5% to fundraising (Form 990, Part IX).
How much does Children's Hospital pay its top executive?
The largest total compensation Children's Hospital reported for one person in calendar year 2024 was $1,393,997, for the role of EXECUTIVE LEADER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Children's Hospital get its money?
Of $737.3 million in revenue in calendar year 2024, 3.0% came from contributions and grants (including 1.6% from government grants) and 86.3% from program service revenue (Form 990, Part VIII).
Is Children's Hospital a registered charity?
The IRS lists EIN 72-0467503 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202513189349313061 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202500349349301430 · read the filing
- 2022: Form 990 for calendar year 2022, object 202440459349300824 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233199349316038 · read the filing
- 2020: Form 990 for calendar year 2020, object 202210459349302006 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043189349306379 · read the filing
All filings for EIN 72-0467503: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.