Cedars-Sinai Health System

Analysis

Cedars-Sinai Health System is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cedars-Sinai Health System reported income of $41.2m and spending of $41.8m, spending 101% of its income. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cedars-Sinai Health System sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Hegira Health Inc ($41.2m), United Home Care Services Inc ($41.3m) and Rest Haven Illiana Christian Convalescent Home ($41.2m).

At year end it held assets of $3.34bn against liabilities of $1.51bn, net assets of $1.82bn.

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.