Altura Centers for Health

Analysis

Altura Centers for Health is a registered charity in United States, based in Tulare, CA. It received its IRS tax-exemption ruling in October 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 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, Altura Centers for Health reported income of $36.4m and spending of $34.0m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.4m to $36.4m (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Altura Centers for Health sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Lincoln County Primary Care Center Inc ($36.4m), Virginia Gay Hospital Inc ($36.4m) and Montana Childrens Home and Hospital ($36.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $613k (1.8% of expenses). Other salaries and wages came to $19.8m. At year end it held assets of $46.0m against liabilities of $12.2m, net assets of $33.8m. It reported 299 employees.