LOUISIANA CHILDREN'S MEDICAL CENTER

LOUISIANA CHILDREN'S MEDICAL CENTER

New Orleans, LA, US
501(c)3
EIN
94-3480131
Hospital
Regional Funder

LOUISIANA CHILDREN'S MEDICAL CENTER

New Orleans, LA, US
501(c)3
EIN
94-3480131
Hospital
Regional Funder

Overview

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Est.

2009

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Louisiana Children's Medical Center (EIN: 94-3480131) is a nonprofit organization dedicated to providing in-patient medical care in Louisiana. With an operating budget of $1.7 billion and total revenue of $1.6 billion for the filing year 2024, LCMC focuses on creating, maintaining, and growing healthcare services through its affiliations with West Jefferson Medical Center and the University Healthcare System. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its charitable mission. More information can be found on their website at www.lcmchealth.org.

Mission Statement

HEALTH, CARE, AND EDUCATION BEYOND EXTRAORDINARY. THE PRIMARY PURPOSE OF (CONT'D ON SCHEDULE O) LCMC IS TO CREATE, MAINTAIN, AND GROW HEALTH CARE SERVICES CONSISTENT WITH ITS OPERATION OF WEST JEFFERSON MEDICAL CENTER, UNIVERSITY HEALTHCARE SYSTEM AND THE CHARITABLE MISSION OF THE LCMC AFFILIATES. LCMC PROVIDES SUPPORT AND MANAGEMENT SERVICES TO THE SYSTEM ENTITIES SO THAT THE ENTITIES IN TURN CAN FOCUS THEIR EFFORTS ON CARRYING OUT THEIR EXEMPT PURPOSES.
Revenues

$1.6B

Expenses

$1.7B

Net Income:
-$71.2M
Assets

$4.3B

Liabilities

$2.6B

Net Assets:
+$1.8B
Operating Budget

$1.7B

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

2

Median grant size
$453.6K
Largest grant received
$748.2K
G
Gregory C Feirn
Board Member
J
John Heaton Md
Board Member
D
DR Wesley Bryan
Board Member

Frequently Asked Questions

What is LOUISIANA CHILDREN'S MEDICAL CENTER’s budget?
In 2024, LOUISIANA CHILDREN'S MEDICAL CENTER reported an annual operating budget of around $1.7 billion. More detailed financial information is available to registered users.
What causes does LOUISIANA CHILDREN'S MEDICAL CENTER support?
LOUISIANA CHILDREN'S MEDICAL CENTER supports work in In-patient medical care.
Where does LOUISIANA CHILDREN'S MEDICAL CENTER operate?
LOUISIANA CHILDREN'S MEDICAL CENTER is headquartered in New Orleans, LA.
Who funded LOUISIANA CHILDREN'S MEDICAL CENTER recently?
In 2024, LOUISIANA CHILDREN'S MEDICAL CENTER received grants from KIDS JOIN THE FIGHT, LHA FOUNDATION, and TOURO INFIRMARY. More information on this organization’s funders is available to registered users.
What is the largest grant LOUISIANA CHILDREN'S MEDICAL CENTER received in 2024?
The largest grant to LOUISIANA CHILDREN'S MEDICAL CENTER in 2024 exceeds $748 thousand.
What is LOUISIANA CHILDREN'S MEDICAL CENTER’s reliance on government grants?
LOUISIANA CHILDREN'S MEDICAL CENTER relied on government grants for less than 5% of their total revenue in 2024.
Overview
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