Womans Hospital Foundation

Analysis

Womans Hospital Foundation is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in January 1959, 67 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Womans Hospital Foundation reported income of $844.0m and spending of $782.4m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $554.2m to $844.0m (+52%), an average of +11% a year. The sharpest change came in the year to September 2021, when income rose by 33%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Womans Hospital Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within LA. Charities of a similar size with the same main cause include Poudre Valley Health Care Inc ($842.3m), Pomona Valley Hospital Medical Center ($846.5m) and Edward Hospital ($842.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $9.8m (1.2% of expenses). Other salaries and wages came to $153.9m. At year end it held assets of $1.06bn against liabilities of $364.4m, net assets of $694.2m. It reported 2,818 employees.