California Pacific Medical Center Foundation

Analysis

California Pacific Medical Center Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in July 1981, 45 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, California Pacific Medical Center Foundation reported income of $43.0m and spending of $32.3m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $46.1m to $43.0m (-6.7%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, California Pacific Medical Center Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Plymouth Harbor Inc ($43.0m), South Carolina Episcopal Home at Still Hopes ($43.0m) and Proctor Health Systems ($43.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 18% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $484.6m against liabilities of $15.2m, net assets of $469.4m.