Loma Linda University Childrens Hospital Foundation

Analysis

Loma Linda University Childrens Hospital Foundation is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in September 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Loma Linda University Childrens Hospital Foundation reported income of $4.1m and spending of $394k, leaving 90% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $4.1m (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2020, when income rose by 56%. Over the whole period it spent 29% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Loma Linda University Childrens Hospital Foundation sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Young Americans Christian School Inc ($4.1m), Brain Injury Alliance of New Jersey Inc ($4.1m) and Historic Oakland Foundation Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $30.3m against liabilities of $26k, net assets of $30.3m.