Loma Linda - Inland Empire Consortium for Healthcare Educatio

Analysis

Loma Linda - Inland Empire Consortium for Healthcare Educatio is a registered charity in United States, based in Loma Linda, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Loma Linda - Inland Empire Consortium for Healthcare Educatio reported income of $85.0m and spending of $115.0m, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $61.1m to $85.0m (+39%), an average of +8.6% a year. Over the whole period it spent 133% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Loma Linda - Inland Empire Consortium for Healthcare Educatio sits at the 99th percentile: it is one of the largest 1% in its cause. 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 Henry J Kaiser Family Foundation ($84.8m), Community Foundation for Monterey County ($85.2m) and Central Valley Community Foundation ($82.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $58.6m. At year end it held assets of $15.4m against liabilities of $20.3m, net assets of -$4.9m. It reported 1,151 employees.

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.