Beverly Hospital Foundation

Analysis

Beverly Hospital Foundation is a registered charity in United States, based in Montebello, CA. It received its IRS tax-exemption ruling in February 1975, 51 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Beverly Hospital Foundation reported income of $142k and spending of $809k, spending 570% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $142k (-90%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 84%. 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, Beverly Hospital Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Corvallis Clinic Foundation Inc ($142k), Northern Nebraska Area Health Education Center ($142k) and Jordan Hays Foundation ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $47k. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.