Hospital de LA Familia Foundation

Analysis

Hospital de LA Familia Foundation is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in January 1978, 48 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Hospital de LA Familia Foundation reported income of $1.3m and spending of $830k, leaving 38% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $736k to $1.3m (+83%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hospital de LA Familia Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include French American Foundation for the Devel of Relations BTWN FRNC & US ($1.3m), Committee for Freedom in Hong Kong Foundation Inc ($1.3m) and Northwest Student Exchange ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. Compensation of current officers, directors and key employees was $110k (13% of expenses). Other salaries and wages came to $21k. At year end it held assets of $3.7m against liabilities of $70k, net assets of $3.6m. It reported 2 employees.