Medical Staff of Regional Medicalcenter

Analysis

Medical Staff of Regional Medicalcenter is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Medical Staff of Regional Medicalcenter reported income of $275k and spending of $297k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $328k to $275k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medical Staff of Regional Medicalcenter sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Community Health and Empowerment Network Inc ($275k), South Carolina Association of Alcoholism & Drug Abuse Counselors ($275k) and Jacobs House Inc ($275k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $162k (55% of expenses). At year end it held assets of $214k against liabilities of $33, net assets of $214k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.