Lompoc Valley Community Healthcare Organization

Analysis

Lompoc Valley Community Healthcare Organization is a registered charity in United States, based in Lompoc, CA. It received its IRS tax-exemption ruling in February 1999, 27 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 March 2023, Lompoc Valley Community Healthcare Organization reported income of $7.2m and spending of $7.2m, spending 100% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $6.1m to $7.2m (+17%), an average of +5.4% a year. The sharpest change came in the year to March 2021, when income rose by 62%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lompoc Valley Community Healthcare Organization sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Athens Model Neighborhood Health Center Inc ($7.2m), Beloved Community Family Wellness Center ($7.2m) and Workers Assistance Program Inc ($7.1m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $18k (0.2% of expenses). At year end it held assets of $4.0m against liabilities of $2.4m, net assets of $1.7m.

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.