Kaiser Foundation Health Plan of the Northwest

Analysis

Kaiser Foundation Health Plan of the Northwest is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in December 1981, 45 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kaiser Foundation Health Plan of the Northwest reported income of $5.12bn and spending of $4.95bn, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.50bn to $5.12bn (+14%), an average of +3.3% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kaiser Foundation Health Plan of the Northwest sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Ochsner Clinic Foundation ($5.08bn), Sutter Bay Hospitals ($5.16bn) and Montefiore Medical Center ($5.06bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $280k (0.0% of expenses). Other salaries and wages came to $576.1m. At year end it held assets of $2.08bn against liabilities of $618.9m, net assets of $1.46bn. It reported 9,211 employees.