White Memorial Community Benefit Co RP

Analysis

White Memorial Community Benefit Co RP is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2004, 22 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, White Memorial Community Benefit Co RP reported income of $1.8m and spending of $1.8m, spending 100% of its income. Across the 6 years on record, from December 2017 to December 2023, income grew from $1.7m to $1.8m (+8.0%), an average of +1.5% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, White Memorial Community Benefit Co RP sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Addiction Recovery Centers of the Black Hills ($1.8m), The Naspghan Foundation ($1.8m) and Imd Guest House Foundation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $512k against liabilities of $495k, net assets of $17k.

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.