Louisiana Children's Medical Center
Also known as Lcmc Health
Louisiana Children's Medical Center reported $1.64 billion in revenue and $1.71 billion in expenses for calendar year 2024. Of every $100 it spent, $70.50 went to program services, $29.47 to management and general costs and $0.03 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.3% of the total. The highest compensation it reported for one person was $3,735,208 (PRESIDENT AND CEO). 1,329 people received more than $100,000 in reportable compensation. Revenue rose 327% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.71BFor 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 $1.64BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 70.5% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 29.5% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 1.2% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.9% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 96.3% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $3,735,208 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.22% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 1,329 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 12.4 | 6.6 |
| Independent voting board members Part VI 1a–1b | 27 of 29 | 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 expenseLouisiana Children's Medical Center (lcmc) is a louisiana non-stock not-for-profit corporation that was incorporated in 2009, with its founding member being children's hospital (children's). Through a health care system agreement (system agreement) between lcmc, children's, touro infirmary and its subsidiaries (touro), university healthcare system l.c. (ejgh and tulane) and cooperative endeavor agreements (ceas) with university Medical Center management corporation (umcmc) and west jefferson holdings, llc (west jefferson), these parties have determined that together they can provide a…
The system provides inpatient, outpatient, emergency and critical care, home health, and rehabilitation services. The system has a total of 989 licensed patient beds. The system treated 35,441 inpatients and had 169,624 outpatient visits during 2024. There were 25,860 surgeries (inpatient, outpatient, and ambulatory surgery center), 152,350 emergency department visits and 4,033 babies delivered. The system had 376,196 primary care and specialty clinic vists in 2024
Community health services and community benefit operations provide free health education programs and screenings to the community. These programs are designed to focus on some of the most prevalent diseases within the community, such as diabetes, heart disease and cancer. These programs address prevention, early detection, treatment and maintaining healthy lifestyles
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 |
|---|---|---|---|---|
| PRESIDENT AND CEO Director/trustee, officer, 52.00 hrs/week | $2,780,273 | $0 | $954,935 | $3,735,208 |
| PRESIDENT OF HOSPITAL SERVICES Officer, 30.00 hrs/week | $2,074,968 | $0 | $454,561 | $2,529,529 |
| CHIEF FINANCIAL OFFICER Officer, 53.00 hrs/week | $1,291,127 | $0 | $331,379 | $1,622,506 |
| CHIEF OPERATING OFFICER Officer, 55.00 hrs/week | $1,261,573 | $0 | $252,731 | $1,514,304 |
| PRESIDENT OF CLIN. AND SYSTEMS Director/trustee, officer, 53.00 hrs/week | $1,265,573 | $0 | $222,196 | $1,487,769 |
| PHYSICIAN Highest compensated employee, 50.00 hrs/week | $1,191,634 | $0 | $34,836 | $1,226,470 |
| PHYSICIAN Highest compensated employee, 50.00 hrs/week | $1,045,050 | $0 | $32,919 | $1,077,969 |
| PHYSICIAN Highest compensated employee, 50.00 hrs/week | $1,044,185 | $0 | $31,303 | $1,075,488 |
1,329 people received more than $100,000 in reportable compensation from Louisiana Children's Medical Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $12M (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–1b29 · 27 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 2No
- 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 26Yes
- 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 517,964
- Volunteers Part I, line 6197
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| THE LEMOINE COMPANY Construction | $38,935,460 |
| THE ADMINISTRATORS OF THE TULANE EDUCATI Professional fees | $38,477,828 |
| ARAMARK SERVICES Contracted services-dietary & evs | $19,785,441 |
| EPIC SYSTEMS CORPORATION Information technology services | $16,719,336 |
| TRIMEDX Information technology services | $15,064,312 |
Individuals listed as contractors are left out. 401 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Louisiana Children's Medical Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Louisiana Children's Medical Center, you can publish a response that is linked from this page.
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Of every $100 Louisiana Children's Medical Center spent in 2024, $70.50 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- University Health SystemKnoxville, TN · revenue $1.62B · programs 96.8% · 2024
- Texas Health ResourcesArlington, TX · revenue $1.64B · programs 100.0% · 2024
- Erlanger HealthChattanooga, TN · revenue $1.62B · programs 76.9% · FY2025
- Staten Island University HospitalWestbury, NY · revenue $1.64B · programs 88.1% · 2024
- UPMC Pinnacle HospitalsHarrisburg, PA · revenue $1.61B · programs 85.9% · FY2024
Questions people ask
How much of Louisiana Children's Medical Center's spending goes to programs?
In calendar year 2024, Louisiana Children's Medical Center reported that 70.5% of its $1.71 billion in expenses went to program services, 29.5% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Louisiana Children's Medical Center pay its top executive?
The largest total compensation Louisiana Children's Medical Center reported for one person in calendar year 2024 was $3,735,208, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Louisiana Children's Medical Center get its money?
Of $1.64 billion in revenue in calendar year 2024, 1.2% came from contributions and grants (including 0.9% from government grants) and 96.3% from program service revenue (Form 990, Part VIII).
Is Louisiana Children's Medical Center a registered charity?
The IRS lists EIN 94-3480131 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 202503219349304610 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202510349349301236 · read the filing
- 2022: Form 990 for calendar year 2022, object 202400459349300610 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243199349320584 · read the filing
- 2020: Form 990 for calendar year 2020, object 202210469349302626 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033219349302888 · read the filing
All filings for EIN 94-3480131: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.