Ochsner Clinic Foundation
Also known as See Statement
Ochsner Clinic Foundation reported $6.04 billion in revenue and $5.71 billion in expenses for calendar year 2024. Of every $100 it spent, $80.53 went to program services, $19.37 to management and general costs and $0.10 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 87.4% of the total. The highest compensation it reported for one person was $7,011,513 (CEO/BOARD MEMBER). 7,596 people received more than $100,000 in reportable compensation. Revenue rose 61% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $5.71BFor 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 $6.04BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.5% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 19.4% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.1% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.08 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 1.2% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.4% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 87.4% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $7,011,513 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.12% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 7,596 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 6.7 | 6.6 |
| Independent voting board members Part VI 1a–1b | 14 of 25 | 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 expensePatient care/patient medical services: Ochsner Clinic Foundation consists of six hospitals at eleven campuses and many clinical locations. Served 72,118 inpatients resulting in 344,905 patient days. Emergency room visits totaled 608,545. The number of births totaled 11,671. Outpatient hospital visits totaled 1,606,307. Physician clinic visits total 4,263,864. 386 patients received organ transplants
Division of academics: since 1944, academics has been an integral component of the mission, visions and strategy of the ochsner organization. The division of academics, encompassing both medical education and research, adds emphasis, intellectual capital, and focus to ochsner's mission to lead, educate, and innovate, with the primary focus of providing the highest quality care and service to the ochsner communities and patients. Our medical education mission is to educate and train a health professional workforce that is prepared to provide safe and efficient care in an evolving healthcare…
Medical research: currently, Ochsner Clinic Foundation operates four basic science research laboratories with nearly 600 active clinical trials in 40 clinical areas. Over 8,000 patients participate in ochsner clinical research annually. Every clinical trial is overseen by the ochsner institutional review board, which provides oversight of the safety of the human subjects participating in clinical trials. Ochsner established the ochsner center for outcomes health research (ocohr), the mission of which is to advance knowledge, improve clinical practice, and the health and well-being of the…
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 |
|---|---|---|---|---|
| CEO/BOARD MEMBER Director/trustee, officer, 42.00 hrs/week | $6,112,385 | $0 | $899,128 | $7,011,513 |
| SR PHYSICIAN-SECTION HEAD Highest compensated employee, 50.00 hrs/week | $6,742,839 | $0 | $17,173 | $6,760,012 |
| CHIEF PHYS EXEC & PRES, OCH CLINIC Officer, 48.00 hrs/week | $4,182,299 | $0 | $229,267 | $4,411,566 |
| PRESIDENT & CHIEF OPERATING OFFICER Officer, 44.00 hrs/week | $3,695,089 | $0 | $510,933 | $4,206,022 |
| EVP-CHIEF PEOPLE & CULTURE OFFICER Key employee, 50.00 hrs/week | $3,385,647 | $0 | $407,792 | $3,793,439 |
| EVP-CFO AND TREASURER Officer, 44.00 hrs/week | $2,583,583 | $0 | $712,539 | $3,296,122 |
| PHYSICIAN Highest compensated employee, 50.00 hrs/week | $3,197,542 | $0 | $36,440 | $3,233,982 |
| SYS VP-CHIEF CLNC TRANSF & STRAT OFF Highest compensated employee, 50.00 hrs/week | $1,821,402 | $0 | $488,953 | $2,310,355 |
7,596 people received more than $100,000 in reportable compensation from Ochsner Clinic Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $41M (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–1b25 · 14 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 14bYes
- Employees Part I, line 543,018
- Volunteers Part I, line 6618
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| WOODWARD DESIGN BUILD LLC Construction | $38,297,154 |
| LSUHSC - NEW ORLEANS Purchased physician services | $34,606,176 |
| SOUTH LOUISIANA MEDICAL ASSOCIATES Professional services | $26,816,446 |
| GJERSET & LORENZ LLP Legal services | $26,094,962 |
| LOUISIANA ANESTHESIA SOLUTIONS LLC Professional services | $18,918,111 |
Individuals listed as contractors are left out. 280 contractors were paid more than $100,000 in all.
Private foundation grants it received
23 private foundations reported grants to Ochsner Clinic Foundation totaling $2.6M 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 Ochsner Clinic Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Ochsner Clinic Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Ochsner Clinic Foundation spent in 2024, $80.53 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Kaiser Foundation Health Plan of the Mid-Atlantic StatesOakland, CA · revenue $6.00B · programs 94.8% · 2024
- Highmark Health GroupPittsburgh, PA · revenue $6.06B · programs 91.1% · 2024
- University Hospitals Health SystemShaker Heights, OH · revenue $5.95B · programs 94.1% · 2024
- Indiana University HealthIndianapolis, IN · revenue $6.08B · programs 95.3% · 2024
- Allina Health SystemMinneapolis, MN · revenue $5.93B · programs 87.2% · 2024
Questions people ask
How much of Ochsner Clinic Foundation's spending goes to programs?
In calendar year 2024, Ochsner Clinic Foundation reported that 80.5% of its $5.71 billion in expenses went to program services, 19.4% to management and general and 0.1% to fundraising (Form 990, Part IX).
How much does Ochsner Clinic Foundation pay its top executive?
The largest total compensation Ochsner Clinic Foundation reported for one person in calendar year 2024 was $7,011,513, for the role of CEO/BOARD MEMBER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Ochsner Clinic Foundation get its money?
Of $6.04 billion in revenue in calendar year 2024, 1.2% came from contributions and grants (including 0.4% from government grants) and 87.4% from program service revenue (Form 990, Part VIII).
Is Ochsner Clinic Foundation a registered charity?
The IRS lists EIN 72-0502505 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 202503189349314185 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202500249349301240 · read the filing
- 2022: Form 990 for calendar year 2022, object 202440409349300434 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223159349306462 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113509349300326 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033179349309168 · read the filing
All filings for EIN 72-0502505: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.