Usc Arcadia Hospital

Analysis

Usc Arcadia Hospital is a registered charity in United States, based in Arcadia, CA. It received its IRS tax-exemption ruling in May 1937, 89 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Usc Arcadia Hospital reported income of $306.0m and spending of $346.5m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $299.1m to $306.0m (+2.3%), an average of +0.6% a year. The sharpest change came in the year to June 2023, when income rose by 62%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Usc Arcadia Hospital 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 Gillette Childrens Specialty Health Care ($305.8m), Community Hospital of San Bernardino ($306.1m) and Baylor Scott & White Medical Centers - Greater North Texas ($304.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $5.0m (1.4% of expenses). Other salaries and wages came to $121.3m. At year end it held assets of $804.5m against liabilities of $334.4m, net assets of $470.1m. It reported 1,496 employees.