Sutter Bay Medical Foundation

Analysis

Sutter Bay Medical Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in June 1950, 76 years ago. Its declared purposes cover medical research, 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, Sutter Bay Medical Foundation reported income of $3.51bn and spending of $3.45bn, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.93bn to $3.51bn (+20%), an average of +4.6% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sutter Bay Medical Foundation 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 The Childrens Hospital of Philadelphia ($3.45bn), Franciscan Alliance Inc ($3.54bn) and Osf Healthcare System ($3.40bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $719k (0.0% of expenses). Other salaries and wages came to $676.9m. At year end it held assets of $2.09bn against liabilities of $900.9m, net assets of $1.19bn. It reported 8,165 employees.