Elica Health Centers

Analysis

Elica Health Centers is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in September 2002, 24 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, Elica Health Centers reported income of $84.7m and spending of $79.1m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $35.3m to $84.7m (+140%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 40%. 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, Elica Health Centers sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Augusta Medical Group ($84.7m), Baystate Noble Hospital Corporation ($84.8m) and Moses Cone Physician Services Inc ($84.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $2.7m (3.5% of expenses). Other salaries and wages came to $39.7m. At year end it held assets of $66.5m against liabilities of $40.6m, net assets of $25.8m. It reported 799 employees.