Childrens Hospital Anesthesia Corporation

Analysis

Childrens Hospital Anesthesia Corporation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Childrens Hospital Anesthesia Corporation reported income of $48.7m and spending of $48.7m, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $36.5m to $48.7m (+34%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Childrens Hospital Anesthesia Corporation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within LA. Charities of a similar size with the same main cause include Baycare Behavioral Health Inc ($48.7m), Texas Health Presbyterian Hospital Kaufman ($48.8m) and Memorial Hermann Foundation ($48.7m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $40.7m. At year end it held assets of $16.0m against liabilities of $16.0m, net assets of $4,874. It reported 225 employees.