Sutter Medical Center Foundation

Analysis

Sutter Medical Center Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in February 1982, 44 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, Sutter Medical Center Foundation reported income of $5.7m and spending of $7.0m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.8m to $5.7m (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sutter Medical Center Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Southwestern Vermont Health Care Corporation ($5.7m), Adventhealth Family Medicine Rural Health Clinics Inc ($5.7m) and Western Tidewater Free Clinic Inc ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 31% of the total. Other salaries and wages came to $772k. At year end it held assets of $62.5m against liabilities of $11.7m, net assets of $50.8m.