North East Medical Services

Analysis

North East Medical Services is a registered charity in United States, based in Daly City, CA. It received its IRS tax-exemption ruling in January 1971, 55 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North East Medical Services reported income of $327.0m and spending of $305.5m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $154.4m to $327.0m (+112%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, North East Medical Services 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 Ingalls Memorial Hospital ($326.1m), McLaren Bay Region ($327.4m) and The Mercy Hospital Inc ($325.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $5.4m (1.8% of expenses). Other salaries and wages came to $103.4m. At year end it held assets of $445.5m against liabilities of $61.8m, net assets of $383.7m. It reported 1,044 employees.