Petaluma Health Center
Analysis
Petaluma Health Center is a registered charity in United States, based in Petaluma, CA. It received its IRS tax-exemption ruling in April 2000, 26 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 June 2023, Petaluma Health Center reported income of $73.5m and spending of $71.3m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $45.2m to $73.5m (+62%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 53%. 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, Petaluma Health Center sits at the 94th percentile: it is larger than about 94% 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 Riverside-San Bernardino County Indian Health Inc ($73.5m), Artesia General Hospital ($73.6m) and Brown Emergency Medicine ($73.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $4.5m (6.3% of expenses). Other salaries and wages came to $34.5m. At year end it held assets of $57.3m against liabilities of $25.7m, net assets of $31.6m. It reported 650 employees.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Program services 74%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Riverside-San Bernardino County Indian Health Inc | Grand Terrace | $73.5m |
| Artesia General Hospital | Artesia | $73.6m |
| Brown Emergency Medicine | Providence | $73.4m |
| Medstar Inc | Clinton TWP | $73.7m |