Stanford Health Care Tri-Valley

Analysis

Stanford Health Care Tri-Valley is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in September 1964, 62 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 August 2023, Stanford Health Care Tri-Valley reported income of $472.3m and spending of $457.7m, spending 97% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $304.2m to $472.3m (+55%), an average of +12% a year. The sharpest change came in the year to August 2022, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Stanford Health Care Tri-Valley 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 CA. Charities of a similar size with the same main cause include The Methodist Hospitals Inc ($472.2m), Chorus Community Health Plans Inc ($473.6m) and Lawrence and Memorial Hospital Inc ($471.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $4.4m (1.0% of expenses). Other salaries and wages came to $174.5m. At year end it held assets of $423.1m against liabilities of $146.9m, net assets of $276.2m. It reported 1,787 employees.