Pacific Clinics

Analysis

Pacific Clinics is a registered charity in United States, based in Los Gatos, CA. It received its IRS tax-exemption ruling in January 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Pacific Clinics reported income of $245.4m and spending of $244.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $105.5m to $245.4m (+133%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 67%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pacific Clinics 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 Central Florida Behavioral Health Network Inc ($243.0m), BCFS Health and Human Services ($246.1m) and Access Services Incorporated ($242.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $5.1m (2.1% of expenses). Other salaries and wages came to $140.1m. At year end it held assets of $138.7m against liabilities of $85.1m, net assets of $53.5m. It reported 2,357 employees.