Tarzana Medical Center LLC

Analysis

Tarzana Medical Center LLC is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in November 2021, 5 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, Tarzana Medical Center LLC reported income of $352.3m and spending of $403.7m, spending 115% of what it took in. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 117% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tarzana Medical Center LLC sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within WA. Charities of a similar size with the same main cause include St Joseph Regional Health Network ($351.3m), The University of Vermont Health Network Medical Group Inc ($352.7m) and Salina Regional Health Center Inc ($350.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 91% of the total. At year end it held assets of $965.2m against liabilities of $126.9m, net assets of $838.3m.

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.