Reedley Community Hospital

Analysis

Reedley Community Hospital is a registered charity in United States, based in Roseville, CA. It received its IRS tax-exemption ruling in April 1947, 79 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reedley Community Hospital reported income of $206.2m and spending of $194.3m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $189.4m to $206.2m (+8.9%), an average of +2.1% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reedley Community Hospital sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include University of B C Pension Plan for Members of the Academic Staff ($205.4m), University of B C Staff Pension Plan ($209.6m) and Education Development Center Inc ($201.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 93% of the total. Other salaries and wages came to $67.4m. At year end it held assets of $296.6m against liabilities of $107.1m, net assets of $189.5m. It reported 1,196 employees.