Casa Colina Hospital and Centers for Healthcare

Analysis

Casa Colina Hospital and Centers for Healthcare is a registered charity in United States, based in Pomona, CA. It received its IRS tax-exemption ruling in March 1939, 87 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 March 2023, Casa Colina Hospital and Centers for Healthcare reported income of $92.9m and spending of $102.1m, spending 110% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $78.6m to $92.9m (+18%), an average of +4.3% a year. The sharpest change came in the year to March 2022, when income rose by 16%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Casa Colina Hospital and Centers for Healthcare sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Hearthstone Senior Communities Inc ($92.9m), New York Genome Center Inc ($92.9m) and Indiana Organ Procurement Organization Inc ($92.8m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $52k (0.1% of expenses). At year end it held assets of $90.2m against liabilities of $77.0m, net assets of $13.2m. It reported 960 employees.