Northbay Healthcare Group

Analysis

Northbay Healthcare Group is a registered charity in United States, based in Fairfield, CA. It received its IRS tax-exemption ruling in September 1961, 65 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, Northbay Healthcare Group reported income of $763.5m and spending of $741.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $674.9m to $763.5m (+13%), an average of +3.1% a year. 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, Northbay Healthcare Group sits at the 99th percentile: it is larger than about 99% 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 Ashland Hospital Corporation ($762.4m), Pasadena Hospital Association Ltd ($764.5m) and South Nassau Communities Hospital ($760.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $891k (0.1% of expenses). Other salaries and wages came to $240.1m. At year end it held assets of $805.5m against liabilities of $406.8m, net assets of $398.7m.