Herald Christian Health Center

Analysis

Herald Christian Health Center is a registered charity in United States, based in El Monte, CA. It received its IRS tax-exemption ruling in November 2006, 20 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 June 2023, Herald Christian Health Center reported income of $24.7m and spending of $20.7m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.9m to $24.7m (+91%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Herald Christian Health Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Childrens Urological Foundation Inc ($24.7m), Phoebe Worth Medical Center Inc ($24.7m) and Osf Healthcare Foundation ($24.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 69% of the total. Other salaries and wages came to $15.9m. At year end it held assets of $32.0m against liabilities of $8.4m, net assets of $23.6m. It reported 262 employees.