Woman's Hospital

Legal name: Woman's Hospital Foundation D/b/a Woman's Hospital

Nonprofit profile at a glance

EIN
720652905
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Baton Rouge, LA, USA
Phone
+1-225-924-8709
Rating
81
Verdict
STRONG
Rating confidence
Standard
Sector
Hospital, Specialty

Official website

Reported finances

Revenue
$1,003,943,473
Expenses
$939,469,994
Assets
$1,261,577,683
Liabilities
$339,927,221

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

32 people listed

Executive titles in this filing

  • RENE RAGAS (PRESIDENT/CEO)

Highest reported compensation

  • RENE RAGAS (PRESIDENT/CEO): $936,701 total reported compensation
  • ANTHONY C EVANS JR MD (PHYSICIAN): $905,736 total reported compensation
  • ROBERT MOORE MD (CHIEF MEDICAL OFFICER): $859,711 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To improve the health of women and infants. Woman’s is the nation’s only freestanding, private, nonprofit, specialty hospital for women and infants. We are the 17th-largest childbirth service in the United States and the largest in birthing and neonatal intensive care hospital in Louisiana, and we’ve built a reputation of trust among generations of families for the experience we provide and our expertise in caring for women and infants. When Babies Need Extra Care. Your support allows Woman's to meet the challenges facing our community and advance our care for future generations. Donate Today For Patients & Visitors.

What it reported doing in 2024

Cancer services - woman's hospital, mary bird perkins and our lady of the lake have combined their expertise to create a destination for breast and gynecologic cancer care from diagnosis through survivorship: the breast & gyn cancer pavilion. The pavilion enables women to receive the highest level of breast and gynecologic cancer care and is the only one of its kind in the country. This is made possible through the combined expertise and resources of this partnership, providing patients with collaborative teams of medical, radiation oncologists, gyn and breast surgical oncologists, breast surgeons, radiologists, pathologists, geneticists, research staff, nurse navigators, dietitians, palliative care nurse navigators, pastoral care and social workers. 17,083 unique patients were treated in the cancer pavillion in fy25.

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 92
  • Accountability: 73
  • Sustainability: 60
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.7%; rating input score 80
  • Program expense ratio: 87.2%; rating input score 87
  • Fundraising efficiency: $9.16 raised per $1 spent on fundraising; rating input score 39; 39th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 8th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 98.1%; rating input score 98; 34th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 61.5%; rating input score 62; 17th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6.4%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 1.34; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.27; rating input score 59; 59th percentile among comparable filings
  • Officer compensation ratio: 1%; rating input score 74; 74th percentile among comparable filings

Growth

  • Program expense growth: 8.2% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: 6.8% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 3.6% per year; rating input score 100; 24th percentile among comparable filings

Details

  • What they do: 2 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 79.7% of revenue deployed · 87.2% of spending went to programs
  • Governance: 8 of 13 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $818.9M in reported program spending
  • Leadership: top reported pay $937K · 32 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $20.7M reported
  • Consistency: 33 of 34 current checks pass · 1 finding to review
  • Schedules: 11 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 35 filed money-flow records
  • Related organizations: 22 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 39/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Liabilities to assets ratio scored 59/100.