Adventist Health Clearlake Hospital Inc

Analysis

Adventist Health Clearlake Hospital Inc is a registered charity in United States, based in Roseville, CA. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adventist Health Clearlake Hospital Inc reported income of $191.8m and spending of $179.7m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $120.7m to $191.8m (+59%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Adventist Health Clearlake Hospital Inc sits at the 97th percentile: it is larger than about 97% of them. 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 Healthalliance Hospital Marys Avenue Campus ($191.8m), Caldwell Memorial Hospital Inc ($192.0m) and Prohealth Medical Group Inc ($191.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Other salaries and wages came to $62.2m. At year end it held assets of $152.8m against liabilities of $110.7m, net assets of $42.1m. It reported 996 employees.