LE BONHEUR CHILDRENS HOSPITAL FOUNDATION
Mission Statement
The Le Bonheur Children's Hospital Foundation is committed to improving the health and well-being of children in our community by raising funds to assist Le Bonheur Children's Hospital in preventing and eliminating pediatric illness and injury. The Foundation solely supports the important work and mission of Le Bonheur Children's Hospital. Named as one of the nation's Best Children's Hospitals by U.S. News and World Report, Le Bonheur has a unique mission that goes beyond acute care for sick and injured children and includes pediatric research, clinical education, advocacy and preventative care. Together, we work to solve children's health issues and eliminate disparities in health care access. Le Bonheur uses existing strenghts to develop new programs to reach underserved children. We are focused on providing each child the highest quality health care experience.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
83.3% | 84.6% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.8% | 14.6% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
137.4% | 270.7% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
125.7 mo | 6.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
9.2% | 35.3% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
86.0% | 92.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
23.7% | 7.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-9.6% | 7.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
60.5% | 1.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $31.4M | $12.4M | $129.9M | 83.3% | 46 |
| 2023 | $25.4M | $13.7M | $113.3M | 85.9% | 44 |
| 2022 | $26.9M | $11.8M | $97.9M | 85.1% | 11 |
| 2021 | $25.7M | $14.6M | N/A | — | 0 |
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